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Filing Details

Accession Number:: 0001104659-15-049611
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-07-02 16:04:59
Reporting Period:: 2015-05-19

Filing Date:: 2015-07-02
Accepted Time:: 2015-07-02 16:04:59
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1314152	Jones Lang Lasalle Income Property Trust Inc.	NONE	Real Estate Investment Trusts (6798)	000000000

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1037976	Jones Lang Lasalle Inc	200 East Randolph Drive Chicago IL 60601	No	No	Yes	No
1352627	Lasalle Investment Co Iib L P	200 East Randolph Drive Chicago IL 60601	No	No	No	Yes
1644910	Jones Lang Lasalle Co-Investment, Inc.	200 East Randolph Drive Chicago IL 60601	No	No	No	Yes
1645083	Lic Ii Solstice Holdings, Llc	200 East Randolph Drive Chicago IL 60601	No	No	No	Yes
1645084	Lasalle U.s. Holdings, Inc.	200 East Randolph Drive Chicago IL 60601	No	No	No	Yes
1645410	Ltd Partner) (General Ii Lic	200 East Randolph Drive Chicago IL 60601	No	No	No	Yes
1645764	Management Investment Lasalle	200 East Randolph Drive Chicago IL 60601	No	No	No	Yes

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class M Common Stock	Disposition	2015-05-19	579,169	$10.81	0	No	4	S	Indirect	Through LaSalle U.S. Holdings Inc.
Class M Common Stock	Acquisiton	2015-05-19	579,169	$10.81	600,780	No	4	P	Indirect	Through Jones Lang LaSalle Co-Investment, Inc.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Through LaSalle U.S. Holdings Inc.
No	4	P	Indirect	Through Jones Lang LaSalle Co-Investment, Inc.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class M Common Stock	5,125,389	Indirect	Through LIC II Solstice Holdings, LLC

Footnotes

Gives effect to a stock dividend with respect to all outstanding shares of the Issuer's Class E Common Stock (as the Issuer's Common Stock was renamed) in the amount of 4.786 shares for each outstanding share of Class E Common Stock (equivalent to a 5.786-for-1 stock split) declared by the Issuer on October 1, 2012, and the automatic conversion of all outstanding shares of Class E Common Stock to shares of Class M Common Stock on October 1, 2013.
On May 19, 2015, Jones Lang LaSalle Co-Investment, Inc. ("JLL Co-Investment") acquired all of the shares of Common Stock owned by LaSalle U.S. Holdings, Inc. ("LUSHI") at the Issuer's May 18, 2015 net asset value (NAV) per share of $10.81. Following such transaction and because LaSalle Investment Management ("LIM") no longer acts as an investment adviser to LIC II Solstice Holdings, LLC ("LIC II Solstice") (see note (3) below), neither LUSHI nor LIM beneficially owns any equity securities of the Issuer, and accordingly, neither LUSHI nor LIM will continue to be subject to Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), with respect to the Issuer.
This report is being filed by the undersigned, Jones Lang LaSalle Incorporated ("JLL"), as well as JLL Co-Investment, LIC II Solstice, LaSalle Investment Company IIB Limited Partnership ("LIC Partnership"), LIM, LIC II (General Partner) Limited ("LIC II Limited") and LUSHI, as listed on the Joint Filer Information Statement attached hereto (JLL and such other entities, collectively, the "Reporting Persons"). JLL Co-Investment is a wholly-owned subsidiary of JLL. LIC II Solstice is 99.99% owned by LIC Partnership, its managing member; the general partner of LIC Partnership is LIC II Limited; and LIM acts as an investment adviser to LUSHI and acted as an investment adviser to LIC II Solstice until July 22, 2014.
In accordance with Instruction 5(b)(iv) to Form 4, the entire amount of the Issuer's securities held by LIC II Solstice, LUSHI and JLL Co-Investment is reported herein. For purposes of Section 16, each Reporting Person disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.