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 UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

  

FORM 8-K

  

 

  

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 28, 2022

  

 

  

LXP INDUSTRIAL TRUST
(Exact name of registrant as specified in its charter)
 

 

Maryland 1-12386 13-3717318

(State or other jurisdiction

of incorporation)

(Commission File Number) (IRS Employer Identification No.)
     

 

One Penn Plaza, Suite 4015, New York, New York 10119-4015
(Address of principal executive offices) (Zip Code)

 

(212) 692-7200

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

  

 

 

 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

  

Title of each class Trading
Symbol(s)
Name of each exchange on which registered
Shares of beneficial interest, par value $0.0001 per share, classified as Common Stock LXP New York Stock Exchange
6.50% Series C Cumulative Convertible Preferred Stock, par value $0.0001 per share LXPPRC New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

  

 

    

 

 

Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Effective March 28, 2022, our Board of Trustees (1) increased the size of the Board of Trustees from seven trustees to eight trustees and (2) appointed Arun Gupta as a member of the Board of Trustees. On April 1, 2022, we issued a press release announcing Mr. Gupta's appointment.

 

Mr. Gutpa, age 53, has over two decades of venture capital experience at Columbia Capital and Carlyle Venture Partners, is currently an adjunct Entrepreneurship professor at Georgetown University, entrepreneurship lecturer at Stanford University, and Venture Partner at Columbia Capital. Mr. Gupta brings extensive investing, cybersecurity and technology expertise as well as extensive experience working with management teams through scaling and strategic transaction processes.

 

The Board of Trustees has determined that Mr. Gupta (1) has no material relationship with us or our affiliates or any member of our management or his or her affiliates, and (2) is “independent” under our Corporate Governance Guidelines and the New York Stock Exchange listing standards.

 

Item 9.01.    Financial Statements and Exhibits.

(d) Exhibits
   
99.1

Press Release dated April 1, 2022

   
104 Cover Page Interactive Data File (embedded within XBRL document)

 

 

   

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

  LXP Industrial Trust
     
Date: April 1, 2022 By:   /s/ Beth Boulerice
    Beth Boulerice
    Chief Financial Officer