0001209191-23-004140.txt : 20230119 0001209191-23-004140.hdr.sgml : 20230119 20230119205232 ACCESSION NUMBER: 0001209191-23-004140 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230117 FILED AS OF DATE: 20230119 DATE AS OF CHANGE: 20230119 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: 23538735 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 2023-01-17 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 2023-01-17 4 A 0 19367 A Common Stock, par value $0.01 19367 449106 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 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 are fully vested and nonforfeitable as of January 17, 2023. The Reporting Person also owns 472,178 Performance Units, a class of limited partnership units in the Operating Partnership. /s/ Michael S. Frankel 2023-01-19