Filing Details
- Accession Number:
- 0001931399-22-000003
- Form Type:
- 13G Filing
- Publication Date:
- 2022-06-14 20:00:00
- Filed By:
- Group Of Trophy, Llc
- Company:
- Modiv Industrial Inc.
- Filing Date:
- 2022-06-15
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Group of Trophy | 1,312,382 | 0 | 1,312,382 | 0 | 1,312,382 | Approximately 14.93% |
Filing
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Information Statement Pursuant to Rule 13d-1 Under the Securities Exchange Act of 1934 (Amendment No. __)* MODIV INC. (Name of Issuer) Class C Common Stock, $0.001 par value per share (Title of Class of Securities) 60784B 101 (CUSIP Number) June 12, 2022 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(c) The information required in the remainder of this cover page shall not be deemed to be filed for purpose of Section 18 of the Securities Act of 1934 (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 60784B 101 13G Page 2 of 6 Pages 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Group of Trophy, LLC 83-1264758 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION California Limited Liability Company NUMBER OF SHARES BENEFICIALLY OWNED 5. SOLE VOTING POWER 1,312,382 BY EACH REPORTING PERSON WITH 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 1,312,382 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,312,382 shares of Class C Common Stock 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 Approximately 14.93% (based on 7,477,466 shares of Class C Common Stock issued and outstanding as of April 30, 2022 pursuant to the Modiv Inc. Form 10-Q filed with the SEC on May 16, 2022). 12. TYPE OF REPORTING PERSON* OO CUSIP No. 60784B 101 13G Page 3 of 6 Pages Item 1(a). Name of Issuer: Modiv Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 120 Newport Center Drive Newport Beach, CA Item 2(a). Name of Person Filing: Group of Trophy, LLC Item 2(b). Address of Principal Business Office or, if None, Residence: 21140 S. Avalon Blvd. Carson, CA 90745 Item 2(c). Citizenship: California, United States of America Item 2(d). Title of Class of Securities: Class C Common Stock, par value of $0.001 per share Item 2(e). CUSIP Number: 60784B 101 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78o); (c) Insurance Company as defined in section 3(a)(19) of the Act (15 U.S.C. 78o); (d) Investment Company registered under section 8 of the Investment Company Act of 1940 (15U.S.C. 80a-8); (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d 1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d- 1(b)(1)(ii)(G); (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). CUSIP No. 60784B 101 13G Page 4 of 6 Pages (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); or (k) Group, in accordance with 240.13d -1(b)(1)(ii)(K). If filing as a non- U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: _________. If this statement is filed pursuant to Rule 13d-1(c), check this box. Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer defined in Item 1. (a) Amount Beneficially Owned: 1,312,382 of Class C Common Stock (b) Percent of Class: Approximately 14.93% (based on 7,477,466 shares of Class C Common Stock issued and outstanding as of April 30, 2022 pursuant to the Modiv Inc. Form 10-Q filed with the SEC on May 16, 2022). (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 1,312,382 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 1,312,382 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of 5 Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ]. Instruction. Dissolution of a group requires a response to this item. Not Applicable. Item 6. Ownership of More than 5 Percent on Behalf of Another Person. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of an employee benefit plan, pension fund or endowment fund is not required. Not applicable. CUSIP No. 60784B 101 13G Page 5 of 6 Pages Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Not applicable. Item 8. Identification and Classification of Members of the Group. If a group has filed this schedule pursuant to 240.13d-1(b)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of each member of the group. Not applicable. Item 9. Notice of Dissolution of Group. Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose of effect, other than activities solely in connection with a nomination under 240.14a-11. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: June 12, 2022. /s/ Nasser Watar Nasser Watar, Manager CUSIP No. 60784B 101 13G Page 6 of 6 Pages The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of the filing person), evidence of the representatives authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and title of each person who signs the statement shall be typed or printed beneath his signature. Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties for whom copies are to be sent. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001).