0000950170-24-087369.txt : 20240729 0000950170-24-087369.hdr.sgml : 20240729 20240729172121 ACCESSION NUMBER: 0000950170-24-087369 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240726 FILED AS OF DATE: 20240729 DATE AS OF CHANGE: 20240729 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bryan Gregory A. CENTRAL INDEX KEY: 0001490473 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-42191 FILM NUMBER: 241153481 MAIL ADDRESS: STREET 1: C/O LINEAGE, INC. STREET 2: 46500 HUMBOLDT DRIVE CITY: NOVI STATE: MI ZIP: 48377 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Lineage, Inc. CENTRAL INDEX KEY: 0001868159 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 46500 HUMBOLDT DRIVE CITY: NOVI STATE: MI ZIP: 48377 BUSINESS PHONE: (800) 678-7271 MAIL ADDRESS: STREET 1: 46500 HUMBOLDT DRIVE CITY: NOVI STATE: MI ZIP: 48377 FORMER COMPANY: FORMER CONFORMED NAME: Lineage Growth Properties, Inc. DATE OF NAME CHANGE: 20210617 4 1 ownership.xml 4 X0508 4 2024-07-26 0001868159 Lineage, Inc. LINE 0001490473 Bryan Gregory A. C/O LINEAGE, INC. 46500 HUMBOLDT DRIVE NOVI MI 48377 false true false false See Remarks false Common Stock 2024-07-26 4 A false 15031 0 A 15031 D LTIP Units 2024-07-26 4 A false 45091 0 A Common Stock 45091 45091 D Represents the grant of time-based restricted stock units ("RSUs"), which are contingent rights to receive shares of common stock ("Shares") on a one-for-one basis and which vest in equal annual installment as to 1/3 of the RSUs on each of April 1, 2025, 2026 and 2027, subject to continued service with the Issuer through such dates. Represents the grant of time-based units of partnership interest in Lineage OP, LP (the "Operating Partnership") designated as LTIP Units ("LTIP Units") under the Agreement of Limited Partnership of the Operating Partnership dated as of July 24, 2024 (the "Partnership Agreement"). The LTIP Units vest in equal annual installment as to 1/3 of the LTIP Units on each of April 1, 2025, 2026 and 2027, subject to continued service with the Issuer through such dates. Subject to achieving certain capital account balances, each vested LTIP Unit may be converted, at the election of the holder, on a one-for-one basis to Partnership Common Units ("Partnership Common Units"), (Continued from footnote 2) which are units of partnership interest in the Operating Partnership, as designated under the Partnership Agreement. Holders of Partnership Common Units acquired from the conversion of LTIP Units have the right to redeem their Partnership Common Units in exchange for cash or, at the election of the Issuer, Shares, on a one-for-one basis (subject to certain adjustments), provided at least 18 months have passed since the LTIP Units were granted. LTIP Units and Partnership Common Units do not have expiration dates. Chief Integrated Solutions Officer /s/ Brian Golper, as Attorney-in-Fact, for Gregory A. Bryan 2024-07-29