Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | NONE | Class A Common Shares of beneficial interest | 4.07K | Jun 26, 2023 | See footnote | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | NONE | Operating Partnership Units | Jun 26, 2023 | Class I Common Shares of beneficial interest | 16.2K | See footnote | F2, F3 |
Id | Content |
---|---|
F1 | The reported shares are held in a revocable trust for the benefit of Mr. Ungerecht and his wife and children. Mr. Ungerecht is the co-trustee of the revocable trust, along with his wife, which holds the shares, and in this capacity he shared voting and dispositive power with his wife with respect to the shares. Mr. Ungerecht disclaims beneficial ownership with respect to the shares directly held by this revocable trust. |
F2 | Represents common units of limited partnership interest in ExchangeRight Income Fund Operating Partnership, LP ("Operating Partnership Units"), which may, subject to certain restrictions, be exchanged for a corresponding number of Class I Common Shares of beneficial interest, $0.01 par value per share, of ExchangeRight Income Fund. Operating Partnership Units do not expire. |
F3 | Represents Operating Partnership Units held in an irrevocable trust for the benefit of Mr. Ungerecht's grandmother, and her estate. Mr. Ungerecht is the co-trustee of the irrevocable trust, along with Mr. Ungerecht's aunt, which holds the Operating Partnership Units, and in this capacity he has shared voting and dispositive power with his aunt with respect to the units. Mr. Ungerecht disclaims beneficial ownership with respect to the shares directly held by this irrevocable trust. The reported Operating Partnership Units are redeemable for cash or, at the Company's option, Class I Common Shares on a one-for-one basis (subject to certain adjustments). |
Exhibit 24 - Power of Attorney