SEC Form 4 · accession 0001140361-16-068744
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
Jun 2, 2016
Accepted (ET)
Jun 6, 2016 · 4:33 pm EDT
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 | Jun 2, 2016 | M | 33,000 | $6.39 | A | 810,059 | D | |
| Common Shares | Jun 2, 2016 | F | 22,057 | $9.56 | D | 788,002 | D | |
| Common Shares | Jun 2, 2016 | F | 4,045 | $9.56 | D | 783,957 | D | |
| Common Shares | Jun 2, 2016 | M | 101,932 | $7.95 | A | 885,889 | D | |
| Common Shares | Jun 2, 2016 | F | 84,765 | $9.56 | D | 801,124 | D | |
| Common Shares | Jun 2, 2016 | F | 6,346 | $9.56 | D | 794,778 | D | |
| Common SharesF5 | holding | — | — | — | 132,516 | I | By Wife | |
| Common Shares | holding | — | — | — | 447 | I | By IRA | |
| Common SharesF5 | holding | — | — | — | 925 | I | By Child |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2010 Non-qualified Share OptionF4 | $6.39 | Jun 2, 2016 | M | 33,000 | A | — | Dec 31, 2019 | Common Shares | 33,000 | 0 | D |
| December 2010 Non-qualified Share OptionF4 | $7.95 | Jun 2, 2016 | M | 101,932 | A | — | Dec 31, 2020 | Common Shares | 101,932 | 0 | D |
Explanation of responses
- F1The number of securities reported reflects the acquisition of 753 common shares pursuant to an employee stock purchase plan.
- F2Payment of option exercise price by withholding securities incident to exercise of options issued in accordance with Rule 16b-3.
- F3Payment of tax liability by withholding securities incident to exercise of options issued in accordance with Rule 16b-3.
- F4Vested and became exercisable ratably over first five anniversaries of grant date.
- F5Reporting person disclaims ownership of the reported securities except to the extent of his pecuniary interest.