0000950170-24-087368.txt : 20240729 0000950170-24-087368.hdr.sgml : 20240729 20240729172047 ACCESSION NUMBER: 0000950170-24-087368 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: Rivera Jeffrey Alvarez CENTRAL INDEX KEY: 0002018532 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-42191 FILM NUMBER: 241153470 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 0002018532 Rivera Jeffrey Alvarez 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 8224 0 A 8224 D Common Stock 2024-07-26 4 F false 3418 78 D 4806 D Common Stock 2024-07-26 4 P false 600 78 A 5406 D LTIP Units 2024-07-26 4 A false 96483 0 A Common Stock 96483 96483 D Represents the grant of shares of common stock ("Shares") awarded in connection with the Issuer's initial public offering. Represents the purchase of Shares from the underwriters in the Issuer's initial public offering. 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 3) 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. Global Chief Operations Officer /s/ Brian Golper, as Attorney-in-Fact, for Jeffrey Alvarez Rivera 2024-07-29