Rivera Jeffrey Alvarez's Form 4 filing
Lineage, Inc.LINE · filed Jul 29, 2024
- Accession no.
- 0000950170-24-087368
- Filed
- Jul 29, 2024
- Trade date
- Jul 26, 2024
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market purchases total $46.8K. It was filed 3 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Rivera Jeffrey AlvarezCIK 0002018532 | Officer (See Remarks) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 26, 2024 | Common Stock | AGrant or awardAcquired | +8,224 | $0.00F1 | $0 | 8,224 | Direct | |
| Jul 26, 2024 | Common Stock | FTax withholdingDisposed | −3,418 | $78.00 | −$266,604 | 4,806 | Direct | |
| Jul 26, 2024 | Common Stock | PPurchaseAcquired | +600 | $78.00F2 | +$46,800 | 5,406 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents the grant of shares of common stock ("Shares") awarded in connection with the Issuer's initial public offering.
Referenced by the price of 1 transaction in Table I.
- F2
Represents the purchase of Shares from the underwriters in the Issuer's initial public offering.
Referenced by the price of 1 transaction in Table I.
- 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 each of April 1, 2025, 2026 and 2027, 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"),
Referenced by the price of 1 transaction in Table II.
- 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.
Referenced by the price of 1 transaction in Table II.
Remarks
Global Chief Operations Officer