David E. Lanzer - Jul 17, 2025 Form 4 Insider Report for Rexford Industrial Realty, Inc. (REXR)

Signature
/s/ David E. Lanzer
Stock symbol
REXR
Transactions as of
Jul 17, 2025
Transactions value $
-$975,109
Form type
4
Date filed
7/21/2025, 07:25 PM
Previous filing
Jan 16, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lanzer David E. General Counsel & Secretary 11620 WILSHIRE BLVD., SUITE 1000, LOS ANGELES /s/ David E. Lanzer 2025-07-21 0001670779

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REXR Common Stock, par value $0.01 Conversion of derivative security $0 +26.4K $0.00 26.4K Jul 17, 2025 Direct F1
transaction REXR Common Stock, par value $0.01 Sale -$975K -26.4K -100% $36.87 0 Jul 21, 2025 Direct F2

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 REXR Performance Units Options Exercise $0 -26.4K -61.16% $0.00 16.8K Jul 17, 2025 Common Stock, par value $0.01 26.4K Direct F3, F4, F5, F6
transaction REXR Operating Partnership Units Options Exercise $0 +26.4K $0.00 26.4K Jul 17, 2025 Common Stock, par value $0.01 26.4K Direct F4, F5, F7
transaction REXR Operating Partnership Units Conversion of derivative security $0 -26.4K -100% $0.00 0 Jul 17, 2025 Common Stock, par value $0.01 26.4K Direct F1, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common units of limited partnership interest ("OP Units") of Rexford Industrial Realty, L.P. (the "Operating Partnership") tendered by the Reporting Person for redemption and exchange into common stock of the Issuer in accordance with the Operating Partnership's partnership agreement.
F2 This transaction was executed in multiple trades at prices ranging from $36.72 to $37.03. The price reported above reflects the weighted average sale price. Full information regarding the number of shares sold at each price shall be provided upon request to the Staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F3 Performance Units are a class of limited partnership units in Operating Partnership. Initially, the Performance Units do not have full parity with OP Units with respect to liquidating distributions. However, upon the occurrence of certain events described in the Operating Partnership's partnership agreement, the Performance Units can over time achieve full parity with the OP Units for all purposes. If such parity is reached, vested Performance Units may be converted into an equal number of OP Units on a one for one basis at any time at the request of the Reporting Person or the general partner of the Operating Partnership. OP Units are redeemable by the holder for an equivalent number of shares of the Issuer's common stock or for the cash value of such shares, at the Issuer's election. The 26,449 Performance Units referred to herein have vested and reached such parity.
F4 Reflects the conversion of 26,449 vested Performance Units into 26,449 OP Units.
F5 n/a
F6 The Reporting Person also owns 50,332 LTIP Units, a class of limited partnership units in the Operating Partnership.
F7 Represents OP Units in the Operating Partnership. The Issuer is the general partner of the Operating Partnership. OP Units are redeemable for cash equal to the then-current market value of one share of common stock, or at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis.