MILLER KEVIN S. (Chief Financial Officer) exercised options at MONMOUTH REAL ESTATE INVESTMENT CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

MILLER KEVIN S.

Filed: 12/8/2021ACC: 0001567619-21-021798

InsiderMILLER KEVIN S.CIK 1559910

→

IssuerMONMOUTH REAL ESTATE INVESTMENT CORPCIK 67625

DirectorOfficer· Chief Financial Officer

Since Jul 2018

-49.84K

Net shares

Net seller

$1.04M

Total sold

Open market trades

0B · 0S

Total transactions

59.98K acquired · 109.82K disposed

Non-Derivative Transactions4

Monmouth Real Estate Investment Corporation

Direct

F · Tax Withholding

−27.62K

Price / share

$20.94

Trade value

$578.36K

% of position

21.2%

12/8/2021

130.09K→102.47K

Monmouth Real Estate Investment Corporation

Direct

M · Option Exercise

+32.98K

Price / share

$14.24

Trade value

$469.61K

% of position

34.0%

12/8/2021

97.11K→130.09K

Monmouth Real Estate Investment Corporation

Direct

F · Tax Withholding

−22.22K

Price / share

$20.94

Trade value

$465.29K

% of position

18.6%

12/8/2021

119.33K→97.11K

Monmouth Real Estate Investment Corporation

Direct

M · Option Exercise

+27K

Price / share

$13.64

Trade value

$368.28K

% of position

29.2%

12/8/2021

92.33K→119.33K

Total

Net shares

+10.14K

Net value

-$205.76K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Monmouth Real Estate Investment Corporation Direct	12/8/2021	F · Tax Withholding	−27.62K	$20.94	$578.36K	21.2%	130.09K	102.47K
Monmouth Real Estate Investment Corporation Direct	12/8/2021	M · Option Exercise	+32.98K	$14.24	$469.61K	34.0%	97.11K	130.09K
Monmouth Real Estate Investment Corporation Direct	12/8/2021	F · Tax Withholding	−22.22K	$20.94	$465.29K	18.6%	119.33K	97.11K
Monmouth Real Estate Investment Corporation Direct	12/8/2021	M · Option Exercise	+27K	$13.64	$368.28K	29.2%	92.33K	119.33K
Total			+10.14K		-$205.76K

Derivative Transactions2

Monmouth Real Estate Investment Corporation

Direct

M · Option Exercise

Converts to

Monmouth Real Estate Investment Corporation

27K shares

−27K

Strike price

13.64

Held after

0.00

Exercisable

—

12/8/2021

Monmouth Real Estate Investment Corporation

Direct

M · Option Exercise

Converts to

Monmouth Real Estate Investment Corporation

32.98K shares

−32.98K

Strike price

14.24

Held after

0.00

Exercisable

—

12/8/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Monmouth Real Estate Investment Corporation Direct	Monmouth Real Estate Investment Corporation27K shares	12/8/2021	M · Option Exercise	−27K	13.64	—	0.00
Monmouth Real Estate Investment Corporation Direct	Monmouth Real Estate Investment Corporation32.98K shares	12/8/2021	M · Option Exercise	−32.98K	14.24	—	0.00