0001209191-21-071331.txt : 20211227
0001209191-21-071331.hdr.sgml : 20211227
20211227210543
ACCESSION NUMBER: 0001209191-21-071331
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211223
FILED AS OF DATE: 20211227
DATE AS OF CHANGE: 20211227
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Frankel Michael S.
CENTRAL INDEX KEY: 0001581342
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36008
FILM NUMBER: 211521939
MAIL ADDRESS:
STREET 1: 11620 WILSHIRE BOULEVARD, SUITE 300
CITY: LOS ANGELES
STATE: CA
ZIP: 90025
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Rexford Industrial Realty, Inc.
CENTRAL INDEX KEY: 0001571283
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 462024407
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 11620 WILSHIRE BOULEVARD, SUITE 1000
CITY: LOS ANGELES
STATE: CA
ZIP: 90025
BUSINESS PHONE: 310-966-1680
MAIL ADDRESS:
STREET 1: 11620 WILSHIRE BOULEVARD, SUITE 1000
CITY: LOS ANGELES
STATE: CA
ZIP: 90025
FORMER COMPANY:
FORMER CONFORMED NAME: Rexford Industrial, Inc.
DATE OF NAME CHANGE: 20130305
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-12-23
0
0001571283
Rexford Industrial Realty, Inc.
REXR
0001581342
Frankel Michael S.
11620 WILSHIRE BOULEVARD
SUITE 1000
LOS ANGELES
CA
90025
1
1
0
0
Co-CEO, Co-President
LTIP Units
2021-12-23
4
A
0
37741
A
Common Stock, par value $0.01
37741
350175
D
LTIP Units are a class of limited partnership units in Rexford Industrial Realty, L.P. (the "Operating Partnership"). Initially, the LTIP Units do not have full parity with common limited partnership units of the Operating Partnership ("OP Units") with respect to liquidating distributions. However, upon the occurrence of certain events described in the Operating Partnership's partnership agreement, the LTIP Units can over time achieve full parity with the OP Units for all purposes. If such parity is reached, vested LTIP Units may be converted into an equal number of OP Units on a one for one basis at any time at the request of the Reporting Person or the general partner of the Operating Partnership. OP Units are redeemable by the holder for an equivalent number of shares of the Issuer's common stock ("Shares") or for the cash value of such shares, at the Issuer's election.
(Continued from Footnote 1) The LTIP Units, issued pursuant to the Second Amended and Restated Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. 2013 Incentive Award Plan, will vest 1/3 in equal installments on December 23 of 2022, 2023 and 2024, subject to earlier vesting upon certain terminations of the Reporting Person's employment or a change of control of the Issuer, in each case as described in the award agreement.
The Reporting Person also owns 287,243 Performance Units, a class of limited partnership units in the Operating Partnership.
/s/ Michael S. Frankel
2021-12-27