Peter E. Baccile - 10 Jan 2022 Form 4 Insider Report for FIRST INDUSTRIAL REALTY TRUST INC (FR)

Signature
/s/ Jennifer Matthews Rice, attorney-in-fact
Issuer symbol
FR
Transactions as of
10 Jan 2022
Transactions value $
$0
Form type
4
Filing time
12 Jan 2022, 17:04:21 UTC
Previous filing
05 Jan 2022
Next filing
05 Jan 2023

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 LP Units Award $0 +17K +11.55% $0.00 164K 10 Jan 2022 Common Stock 17K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents units of limited partnership interest ("LP Units") in First Industrial L.P., of which the Company is the general partner, granted under the Company's 2014 Stock Incentive Plan. An LP Unit that has vested and received certain allocations will automatically convert into a common unit of limited partnership interest in First Industrial, L.P. on a one-for-one basis, which common unit may in turn be converted into a share of Common Stock of the Company on a one-for-one basis.
F2 Not applicable. The LP Units vest in three equal installments on January 1, 2023, 2024 and 2025.
F3 Not applicable.