0001104659-23-076553.txt : 20230629
0001104659-23-076553.hdr.sgml : 20230629
20230629213721
ACCESSION NUMBER: 0001104659-23-076553
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230629
FILED AS OF DATE: 20230629
DATE AS OF CHANGE: 20230629
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Clark Jon W.
CENTRAL INDEX KEY: 0001463887
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12879
FILM NUMBER: 231059160
MAIL ADDRESS:
STREET 1: 420 LEXINGTON AVE.
CITY: NEW YORK
STATE: NY
ZIP: 10170
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: INDUS REALTY TRUST, INC.
CENTRAL INDEX KEY: 0001037390
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500]
IRS NUMBER: 060868486
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 641 LEXINGTON AVENUE
STREET 2: 26TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 2122187910
MAIL ADDRESS:
STREET 1: 641 LEXINGTON AVENUE
STREET 2: 26TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
FORMER COMPANY:
FORMER CONFORMED NAME: GRIFFIN INDUSTRIAL REALTY, INC.
DATE OF NAME CHANGE: 20150515
FORMER COMPANY:
FORMER CONFORMED NAME: GRIFFIN LAND & NURSERIES INC
DATE OF NAME CHANGE: 19970408
4
1
tm2320085-5_4seq1.xml
OWNERSHIP DOCUMENT
X0407
4
2023-06-29
1
0001037390
INDUS REALTY TRUST, INC.
INDT
0001463887
Clark Jon W.
C/O INDUS REALTY TRUST, INC.
204 WEST NEWBERRY ROAD
BLOOMFIELD
CT
06002
0
1
0
0
Executive Vice President
0
Common Stock
2023-06-29
4
D
0
1000
D
0
D
Restricted Stock Units
2023-06-29
4
D
0
1786
D
Common Stock
1786
0
D
Performance Stock Units
2023-06-29
4
D
0
3032
D
Common Stock
3032
0
D
Pursuant to the Agreement and Plan of Merger, dated February 22, 2023, by and among the Issuer, IR Parent, LLC ("Parent") and IR Merger Sub II, Inc., the Issuer became a subsidiary of Parent upon consummation of the merger (the "Effective Time"). At the Effective Time, each of the outstanding shares of common stock was cancelled and converted into the right to receive $67 in cash (the "Merger Consideration"), without interest.
In addition, immediately prior to the Effective Time, each of the (a) outstanding unexercised stock options was cancelled and converted into the right to receive an amount in cash, without interest, equal to the product of (i) the number of shares of common stock underlying such stock option immediately prior to the Effective Time and (ii) the Merger Consideration less the per share exercise price of such stock option, (b) outstanding restricted stock units ("RSUs") was cancelled and converted into the right to receive an amount in cash equal to the product of (i) the number of shares of common stock underlying such RSU immediately prior to the Effective Time and (ii) the Merger Consideration, and (c) outstanding performance-based RSUs ("PSUs") was cancelled and converted into the right to receive an amount in cash equal to the product of (i) the number of shares of common stock underlying such PSU and (ii) the Merger Consideration.
/s/ Jon W. Clark
2023-06-29