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