0001645873-22-000123.txt : 20220422
0001645873-22-000123.hdr.sgml : 20220422
20220422141611
ACCESSION NUMBER: 0001645873-22-000123
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211207
FILED AS OF DATE: 20220422
DATE AS OF CHANGE: 20220422
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WIRTA RAYMOND E
CENTRAL INDEX KEY: 0001128145
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40814
FILM NUMBER: 22845048
MAIL ADDRESS:
STREET 1: C/O CBRE
STREET 2: 2100 MCKINNEY AVENUE, SUITE 1250
CITY: DALLAS
STATE: TX
ZIP: 75201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MODIV INC.
CENTRAL INDEX KEY: 0001645873
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 474156046
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 120 NEWPORT CENTER DRIVE
CITY: NEWPORT BEACH
STATE: CA
ZIP: 92660
BUSINESS PHONE: 855-742-4862
MAIL ADDRESS:
STREET 1: 120 NEWPORT CENTER DRIVE
CITY: NEWPORT BEACH
STATE: CA
ZIP: 92660
FORMER COMPANY:
FORMER CONFORMED NAME: RW HOLDINGS NNN REIT, INC.
DATE OF NAME CHANGE: 20170814
FORMER COMPANY:
FORMER CONFORMED NAME: Rich Uncles NNN REIT, Inc.
DATE OF NAME CHANGE: 20151209
FORMER COMPANY:
FORMER CONFORMED NAME: Rich Uncles REIT, Inc.
DATE OF NAME CHANGE: 20150623
4
1
wf-form4_165065135463546.xml
FORM 4
X0306
4
2021-12-07
1
0001645873
MODIV INC.
MDV
0001128145
WIRTA RAYMOND E
120 NEWPORT CENTER DRIVE
NEWPORT BEACH
CA
92660
0
0
0
1
Exit Form 4 (See note 3)
COMMON STOCK, CLASS C
54499
D
Class M OP Units
0.0
Class M OP Units
194384.0
323973
D
Pursuant to the provisions contained in the third amended and restated limited partnership agreement of Modiv OperatingPartnership, LP, a holder of Class M OP Units that have been outstanding for at least one year may be converted into shares of the issuer's Class C common stock, subject to a reduced conversion ratio if converted prior to December 31, 2023. The Class MOP Units that are held until December 31, 2023 are convertible at an initial conversion ratio of 1.66667 which may increase if certain performance milestones are achieved.
There is no expiration date in connection with the Class M OP Units.
3. Resigned from the Company's board of directors on December 7, 2021 and no longer required to file Form 4 or Form 5.
/s/ Raymond E. Wirta
2022-04-22