Filing Details
- Accession Number:
- 0000925421-16-000077
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-04-01 19:05:13
- Reporting Period:
- 2016-03-30
- Filing Date:
- 2016-04-01
- Accepted Time:
- 2016-04-01 19:05:13
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1591670 | Farmland Partners Inc. | FPI | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1389549 | A Paul Pittman | C/O Farmland Partners Inc. 4600 S. Syracuse Street Suite 1450 Denver CO 80237 | President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2016-03-31 | 233,400 | $0.00 | 427,704 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | OP Units | Acquisiton | 2016-03-30 | 58,350 | $0.00 | 58,350 | $0.00 |
Common Stock | OP Units | Acquisiton | 2016-03-30 | 1,517,100 | $0.00 | 1,517,100 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
1,517,100 | 2015-04-16 | No | 4 | J | Indirect | |
1,517,100 | 2015-04-16 | No | 4 | J | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 5,300 | Indirect | By spouse |
Common Stock | 1,601 | Indirect | As UTMA Custodian for daughter, Catherine Pittman |
Common Stock | 1,500 | Indirect | As UTMA Custodian for daughter, Allison Pittman |
Footnotes
- Received as consideration from Hough Holdings, LLC in connection with the restructuring of Pittman Hough Farms LLC ("Pittman Hough") at a deemed price of $10.97 per share.
- Farmland Partners Inc. (the "Company") is the sole member of the general partner of Farmland Partners Operating Partnership, LP (the "Operating Partnership"), the operating partnership of the Company. Commencing April 14, 2015, one year after the date of issuance, each unit of limited partnership interest ("OP Units") in the Operating Partnership became redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. OP Units have no expiration date.
- Reflects an increase in Mr. Pittman's pecuniary interest in the OP Units held by Pittman Hough. Mr. Pittman previously reported indirect beneficial ownership of 1,458,750 OP Units, which reflected his 75% pecuniary interest in the 1,945,000 OP Units held by Pittman Hough. On March 30, 2016, in connection with restructuring transactions of various assets owned by Pittman Hough, Mr. Pittman's pecuniary interest in the OP Held by Pittman Hough was increased from 75% to 78%, resulting in an increase of 58,350 OP Units indirectly beneficially owned by Mr. Pittman. In connection with such restructuring transactions, the OP Units were ascribed a value of $10.97 per OP Unit.
- Reflects a pro rata distribution of the OP Units held by Pittman Hough.