Home/Filings/4/0001104659-23-076540
4//SEC Filing

DUGAN GORDON F 4

Accession 0001104659-23-076540

CIK 0001037390other

Filed

Jun 28, 8:00 PM ET

Accepted

Jun 29, 9:31 PM ET

Size

26.5 KB

Accession

0001104659-23-076540

Insider Transaction Report

Form 4
Period: 2023-06-29
Transactions
  • Disposition to Issuer

    Common Stock Options (right to buy)

    2023-06-2916,3540 total
    Exercise: $44.99Common Stock (16,354 underlying)
  • Disposition to Issuer

    Common Stock

    2023-06-2954,4720 total
  • Disposition to Issuer

    Common Stock Options (right to buy)

    2023-06-2917,7160 total
    Exercise: $45.90Common Stock (17,716 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2023-06-291,4830 total
    Common Stock (1,483 underlying)
  • Disposition to Issuer

    Common Stock Options (right to buy)

    2023-06-291,4850 total
    Exercise: $40.40Common Stock (1,485 underlying)
  • Disposition to Issuer

    Common Stock Options (right to buy)

    2023-06-2916,3530 total
    Exercise: $44.99Common Stock (16,353 underlying)
  • Disposition to Issuer

    Common Stock Options (right to buy)

    2023-06-2916,3540 total
    Exercise: $44.99Common Stock (16,354 underlying)
  • Disposition to Issuer

    Common Stock Options (right to buy)

    2023-06-2917,7160 total
    Exercise: $45.90Common Stock (17,716 underlying)
  • Disposition to Issuer

    Common Stock Options (right to buy)

    2023-06-2917,7170 total
    Exercise: $45.90Common Stock (17,717 underlying)
  • Disposition to Issuer

    Common Stock Options (right to buy)

    2023-06-291,0670 total
    Exercise: $37.49Common Stock (1,067 underlying)
Footnotes (2)
  • [F1]Pursuant to the Agreement and Plan of Merger, dated February 22, 2023, by and among the Issuer, IR Parent, LLC ("Parent") and IR Merger Sub II, Inc., the Issuer became a subsidiary of Parent upon consummation of the merger (the "Effective Time"). At the Effective Time, each of the outstanding shares of common stock was cancelled and converted into the right to receive $67 in cash (the "Merger Consideration"), without interest.
  • [F2]In addition, immediately prior to the Effective Time, each of the (a) outstanding unexercised stock options was cancelled and converted into the right to receive an amount in cash, without interest, equal to the product of (i) the number of shares of common stock underlying such stock option immediately prior to the Effective Time and (ii) the Merger Consideration less the per share exercise price of such stock option, (b) outstanding restricted stock units ("RSUs") was cancelled and converted into the right to receive an amount in cash equal to the product of (i) the number of shares of common stock underlying such RSU immediately prior to the Effective Time and (ii) the Merger Consideration, and (c) outstanding performance-based RSUs ("PSUs") was cancelled and converted into the right to receive an amount in cash equal to the product of (i) the number of shares of common stock underlying such PSU and (ii) the Merger Consideration.

Issuer

INDUS REALTY TRUST, INC.

CIK 0001037390

Entity typeother

Related Parties

1
  • filerCIK 0001054811

Filing Metadata

Form type
4
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 9:31 PM ET
Size
26.5 KB