SEC Form 4 · accession 0001567619-19-000458
MONMOUTH REAL ESTATE INVESTMENT CORP · MNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eugene W Landy
Officer — Chairman of the Board · Director
Period of report
Jan 3, 2019
Accepted (ET)
Jan 4, 2019 · 1:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000067625
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| MNR Common StockF1 | Jan 3, 2019 | M | 25,000 | $8.72 | A | 878,639 | D | |
| MNR Common Stock | holding | — | — | — | 179,405 | I | Eugene W. Landy and Gloria Landy Family Foundation | |
| MNR Common Stock | holding | — | — | — | 39,361 | I | Juniper Plaza Associates | |
| MNR Common Stock | holding | — | — | — | 29,527 | I | Windsor Industrial Park Associates | |
| MNR Common Stock | holding | — | — | — | 97,914 | I | Spouse | |
| MNR Common Stock | holding | — | — | — | 13,048 | I | Landy Investments, Ltd. | |
| MNR Common Stock | holding | — | — | — | 184,294 | I | Landy & Landy Employees' Pension Plan | |
| MNR Common Stock | holding | — | — | — | 217,427 | I | Landy & Landy Employees' Profit Sharing Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Qualified Stock Option to Purchase Common Stock | $8.72 | Jan 3, 2019 | M | 25,000 | A | Jan 3, 2012 | Jan 3, 2019 | MNR Common Stock | 25,000 | 40,000 | D |
| Qualified Stock Option to Purhcase Common StockF2 | $8.72 | Jan 3, 2019 | D | 40,000 | D | Jan 3, 2012 | Jan 3, 2019 | MNR Common Stock | 40,000 | 0 | D |
| Non-Qualified Stock Option to Purhcase Common StockF2 | $8.72 | Jan 3, 2019 | A | 40,000 | A | Jan 3, 2019 | Feb 28, 2019 | MNR Common Stock | 40,000 | 40,000 | D |
| Qualified Stock Option to Purchase Common Stock | $17.80 | holding | — | — | — | Jan 3, 2019 | Jan 3, 2026 | MNR Common Stock | 65,000 | 65,000 | D |
| Qualified Stock Option to Purchase MNR Common Stock | $15.04 | holding | — | — | — | Jan 4, 2018 | Jan 4, 2025 | MNR Common Stock | 65,000 | 65,000 | D |
| Qualified Stock Option to Purchase MNR Common Stock | $10.37 | holding | — | — | — | Jan 5, 2017 | Jan 5, 2024 | MNR Common Stock | 65,000 | 65,000 | D |
| Qualified Stock Option to Purchase MNR Common Stock | $11.16 | holding | — | — | — | Jan 5, 2016 | Jan 5, 2023 | MNR Common Stock | 65,000 | 65,000 | D |
| Qualified Stock Option to Purchase Common Stock | $8.94 | holding | — | — | — | Jan 3, 2015 | Jan 3, 2022 | MNR Common Stock | 65,000 | 65,000 | D |
| Qualified Stock Option to Purchase Common Stock | $10.46 | holding | — | — | — | Jan 3, 2014 | Jan 3, 2021 | MNR Common Stock | 65,000 | 65,000 | D |
| Qualified Stock Option to Purchase Common Stock | $9.33 | holding | — | — | — | Jan 3, 2013 | Jan 3, 2020 | MNR Common Stock | 65,000 | 65,000 | D |
Explanation of responses
- F1Partial Exercise of Stock Option.
- F2The two reported transactions involved an amendment of an outstanding option to extend the expiration date from January 3, 2019 to February 28, 2019, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on January 3, 2011 and became exercisable in full on January 3, 2012.