SEC Form 4 · accession 0001567619-19-000718
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 3, 2019
Accepted (ET)
Jan 7, 2019 · 5:06 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 3, 2019 | A | 81,281 | $8.12 | A | 955,168 | D | |
| Common SharesF2 | Jan 3, 2019 | A | 27,100 | $8.12 | A | 982,268 | D | |
| Common Shares | Jan 4, 2019 | F | 8,816 | $8.21 | D | 973,452 | D | |
| Common SharesF4 | holding | — | — | — | 132,516 | I | By Wife | |
| Common Shares | holding | — | — | — | 447 | I | By IRA | |
| Common SharesF4 | 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 12/31/2021 based upon achieving certain performance conditions. Shares have no dividend rights until vested.
- F2Shares will vest one-third on each of January 1, 2020, 2021, and 2023.
- F3Shares automatically withheld to satisfy payroll taxes for vesting on non-vested common shares.
- F4Reporting person disclaims ownership of the reported securities except to the extent of his pecuniary interest therein.