RAU JOHN - 05 May 2021 Form 4 Insider Report for FIRST INDUSTRIAL REALTY TRUST INC (FR)

Role
Director
Signature
/s/ Jennifer Matthews Rice, attorney-in-fact
Issuer symbol
FR
Transactions as of
05 May 2021
Transactions value $
$0
Form type
4
Filing time
07 May 2021, 18:13:18 UTC
Next filing
06 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FR Common Stock Options Exercise $0 +1,967 +9.33% $0.000000 23,048 05 May 2021 Direct F1, F2
transaction FR Common Stock Award $0 +1,449 +6.29% $0.000000 24,497 05 May 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FR Restricted Stock Units Options Exercise $0 -1,967 -100% $0.000000* 0 05 May 2021 Common Stock 1,967 Direct F1, F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction resulting from the vesting of restricted stock units ("RSUs") granted under First Industrial's 2014 Stock Incentive Plan on March 8, 2020 (the "2020 RSUs").
F2 Each 2020 RSU represented the right to receive one share of First Industrial common stock upon vesting, plus any dividends that accrued with respect to such share after the issuance of the 2020 RSU and prior to the date of vesting.
F3 Represents RSUs granted under the Company's 2014 Stock Incentive Plan ("2021 RSUs"). Each of the 2021 RSUs represents the right to receive one share of First Industrial common stock upon vesting, plus any dividends that accrue with respect to such share after the issuance of the RSU and prior to the date of vesting. The 2021 RSUs vest upon the earlier of (i) the first anniversary of grant or (ii) the Company's annual stockholder meeting, where directors are elected, next following the date of grant.
F4 Not applicable. The 2020 RSUs vested on May 5, 2021.
F5 Not applicable.