Home > Insider Trading > Filing (0001179110-20-008625)

Filing Details

Accession Number:: 0001179110-20-008625
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-07-31 19:38:04
Reporting Period:: 2020-07-31

Accepted Time:: 2020-07-31 19:38:04
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1479094	Stag Industrial Inc.	STAG	Real Estate Investment Trusts (6798)	273099608

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1517406	S Benjamin Butcher	C/O Stag Industrial, Inc. One Federal Street, 23Rd Floor Boston MA 02110	Chairman, Ceo And President	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2020-07-31	82,056	$0.00	144,144	No	4	C	Direct
Common Stock	Disposition	2020-07-31	82,056	$32.25	62,088	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, Par Value $0.01 Per Share	LTIP Units	Disposition	2020-07-31	82,056	$0.00	82,056	$0.00
Common Stock, Par Value $0.01 Per Share	Partnership Units	Acquisiton	2020-07-31	82,056	$0.00	82,056	$0.00
Common Stock, Par Value $0.01 Per Share	Partnership Units	Disposition	2020-07-31	82,056	$0.00	82,056	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
659,426	No	4	C	Direct
91,376	No	4	C	Direct
9,320	No	4	C	Direct

Footnotes

The reporting person converted 82,056 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 82,056 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 82,056 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.
This represents the weighted average sales price. Sales prices range from $32.15 to $32.65. Upon request by the Securities and Exchange Commission (the "SEC"), the Issuer or a stockholder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
Represents LTIP Units granted to the reporting person pursuant to the Issuer's 2011 Equity Incentive Plan, as amended. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.
Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.