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