Gregory A. Bryan - Apr 17, 2025 Form 4 Insider Report for Lineage, Inc. (LINE)

Role
Chief Integrated Solutions Officer
Signature
/s/ Brian Golper, as Attorney-in-Fact, for Gregory A. Bryan
Stock symbol
LINE
Transactions as of
Apr 17, 2025
Transactions value $
$0
Form type
4
Date filed
4/21/2025, 04:54 PM
Previous filing
Apr 2, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LINE Common Stock Award $0 +4.65K +40.34% $0.00 16.2K Apr 17, 2025 Direct F1, 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 LINE LTIP Units Award $0 +4.65K $0.00 4.65K Apr 17, 2025 Common Stock 4.65K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of time-based restricted stock units ("RSUs"), which are contingent rights to receive shares of common stock ("Shares") on a one-for-one basis and which vest in equal annual installments as to 1/3 of the RSUs on each of April 1, 2026, 2027, 2028, subject to continued service with the Issuer through such dates.
F2 Reflects the transfer of shares acquired in connection with the April 1, 2025 vesting of RSUs to the Reporting Person's ex-spouse pursuant to a domestic relations order.
F3 Represents the grant of time-based units of partnership interest in Lineage OP, LP (the "Operating Partnership") designated as LTIP Units ("LTIP Units") under the Agreement of Limited Partnership of the Operating Partnership dated as of July 24, 2024 (the "Partnership Agreement"). The LTIP Units vest in equal annual installment as to 1/3 of the LTIP Units on April 1, 2026, 2027 and 2028, subject to continued service with the Issuer through such dates. Subject to achieving certain capital account balances, each vested LTIP Unit may be converted, at the election of the holder, on a one-for-one basis to Partnership Common Units ("Partnership Common Units"),
F4 (Continued from footnote 3) which are units of partnership interest in the Operating Partnership, as designated under the Partnership Agreement. Holders of Partnership Common Units acquired from the conversion of LTIP Units have the right to redeem their Partnership Common Units in exchange for cash or, at the election of the Issuer, Shares, on a one-for-one basis (subject to certain adjustments), provided at least 18 months have passed since the LTIP Units were granted. LTIP Units and Partnership Common Units do not have expiration dates.

Remarks:

Chief Integrated Solutions Officer