CCP SBS GP Form 4 INDUS REALTY TRUST / Jeffrey Aronson ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

CCP SBS GP, LLC

(Last) (First) (Middle)

375 PARK AVE, 11TH FLOOR

(Street)

NEW YORK NY 10152

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
INDUS REALTY TRUST, INC. [ INDT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/13/2022		P		2,405	A	$79.8944	509,226	I	See footnotes(1)(4)(6)(7)(8)
Common Stock	01/13/2022		P		2,405	A	$79.8944	509,225	I	See footnotes(2)(4)(6)(7)(8)
Common Stock	01/13/2022		P		33	A	$79.8944	7,069	I	See footnotes(3)(5)(6)(7)(8)
Common Stock	01/14/2022		P		2,648	A	$79.9224	511,874	I	See footnotes(1)(4)(6)(7)(8)
Common Stock	01/14/2022		P		2,649	A	$79.9224	511,874	I	See footnotes(2)(4)(6)(7)(8)
Common Stock	01/14/2022		P		37	A	$79.9224	7,106	I	See footnotes(3)(5)(6)(7)(8)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

CCP SBS GP, LLC

(Last) (First) (Middle)

375 PARK AVE, 11TH FLOOR

(Street)

NEW YORK NY 10152

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Aronson Jeffrey

(Last) (First) (Middle)

375 PARK AVE, 11TH FLOOR

(Street)

NEW YORK NY 10152

(City) (State) (Zip)

Explanation of Responses:

1. These securities are held CPREF II AIV II - A, L.P. ("CPREF II A").

2. These securities are held by CPREF II AIV II - B, L.P. ("CPREF II B").

3. These securities are held by Centerbridge Partners Real Estate Fund SBS II, L.P. ("SBS II" and, together with CPREF II A and CPREF II B, the "Centerbridge Funds").

4. Centerbridge Partners Real Estate Associates II, L.P. ("Centerbridge GP") is the general partner of each of CPREF II A and CPREF II B, and, as such, may be deemed to beneficially own the securities held by CPREF II A and CPREF II B. CPREF II Cayman GP Ltd. ("Cayman GP") is the general partner of Centerbridge GP, and, as such, it may be deemed to beneficially own the securities held by each of CPREF II A and CPREF II B.

5. CCP SBS GP, LLC ("CCP GP") is the general partner of SBS II, and, as such, may be deemed to beneficially own the securities held by SBS II.

6. Jeffrey H. Aronson ("Mr. Aronson"), indirectly, through various intermediate entities controls each of the Centerbridge Funds, and, as such, Mr. Aronson may be deemed to beneficially own the securities held by the Centerbridge Funds.

7. For purposes of this filing, "Reporting Persons" means, as applicable, CPREF II A, CPREF II B, SBS II, Centerbridge GP, CCP GP, Cayman GP and Mr. Aronson.

8. The filing of this statement by the Reporting Persons shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, such Reporting Persons are the beneficial owners of the securities reported herein and each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Act, except to the extent of such Reporting Person's pecuniary interest therein.

Remarks:

	CCP SBS GP, LLC, By: /s/ Susanne V. Clark, Name: Susanne V. Clark, Title: Authorized Signatory	01/18/2022
	JEFFREY H. ARONSON, /s/ Jeffrey H. Aronson	01/18/2022
	** Signature of Reporting Person	Date
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