SEC Form 4 · accession 0001140361-16-047640
LXP Industrial Trust · LXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Carroll
Officer — EVP, CFO, and Treasurer
Period of report
Jan 8, 2016
Accepted (ET)
Jan 12, 2016 · 5:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000910108
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Jan 8, 2016 | A | 104,360 | $7.66 | A | 753,936 | D | |
| Common SharesF2 | Jan 8, 2016 | A | 22,370 | $7.66 | A | 776,306 | D | |
| Common SharesF3 | holding | — | — | — | 132,516 | I | By Wife | |
| Common Shares | holding | — | — | — | 447 | I | By IRA | |
| Common SharesF3 | holding | — | — | — | 925 | I | By Child |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares will vest within 30 days of 12/31/18 based upon achieving certain performance conditions. Shares have no dividend rights until vested.
- F2Shares will vest one-third on each January 1, 2017, 2018 and 2019.
- F3Reporting person disclaims ownership of the reported securities except to the extent of his pecuniary interest.