SEC Form 4 · accession 0001140361-16-069471
LXP Industrial Trust · LXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
T Wilson Eglin
Officer — CEO and President · Director
Period of report
Jun 10, 2016
Accepted (ET)
Jun 10, 2016 · 4:52 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 Shares | Jun 10, 2016 | M | 66,000 | $6.39 | A | 2,155,854 | D | |
| Common Shares | Jun 10, 2016 | F | 42,772 | $9.86 | D | 2,113,082 | D | |
| Common Shares | Jun 10, 2016 | F | 11,243 | $9.86 | D | 2,101,839 | D | |
| Common Shares | Jun 10, 2016 | M | 124,585 | $7.95 | A | 2,226,424 | D | |
| Common Shares | Jun 10, 2016 | F | 100,451 | $9.86 | D | 2,125,973 | D | |
| Common Shares | Jun 10, 2016 | F | 12,445 | $9.86 | D | 2,113,528 | D | |
| Common SharesF3 | Jun 10, 2016 | S | 50,000 | $9.7844 | D | 2,063,528 | D |
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 10, 2016 | M | 66,000 | D | — | Dec 31, 2019 | Common Shares | 66,000 | 0 | D |
| December 2010 Non-qualified Share OptionF4 | $7.95 | Mar 7, 2013 | M | 124,585 | D | — | Dec 31, 2020 | Common Shares | 124,585 | 0 | D |
Explanation of responses
- F1Payment of option exercise price by withholding securities incident to exercise of options issued in accordance with Rule 16b-3.
- F2Payment of tax liability by witholding securities incident to exercise of options issued in accordance with Rule 16b-3.
- F3The price reported is an average price. THese shares were sold in multiple transactions at prices ranging from $9.78 to $9.80, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4Vested and became exercisable ratably over first five anniversaries of grant date.