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Filing Details

Accession Number:: 0001179110-11-006828
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-04-22 16:57:23
Reporting Period:: 2011-04-20

Filing Date:: 2011-04-22
Accepted Time:: 2011-04-22 16:57:23
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1479094	Stag Industrial Inc.	STIR	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. 99 High Street, 28Th Floor Boston MA 02110	Chairman, Ceo And President	Yes	Yes	No	No

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
Common Stock	Disposition	2011-04-20	100	$20.00	0	No	4	J	Direct
Common Stock	Acquisiton	2011-04-20	4,000	$12.22	4,000	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Direct
No	4	P	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, Par Value $0.01 Per Share	Partnership Units	Acquisiton	2011-04-20	1,997,157	$0.00	1,997,157	$0.00
Common Stock, Par Value $0.01 Per Share	Partnership Units	Acquisiton	2011-04-20	9,320	$0.00	9,320	$0.00
Common Stock, Par Value $0.01 Per Share	LTIP Units	Acquisiton	2011-04-20	72,683	$0.00	72,683	$0.00

Remaning Holdings	Exercise Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,997,157	2012-04-20	No	4	J	Indirect
9,320	2012-04-20	No	4	J	Direct
72,683		No	4	A	Direct

Footnotes

Shares of common stock issued in the initial capitalization of STAG Industrial, Inc. (the "Issuer") were redeemed by the Issuer at the initial issuance price of $20.00 per share in a transaction exempt under Rule 16b-3(e).
Represents common units of limited partnership interest ("OP Units") in STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"). The OP Units are redeemable, beginning April 20, 2012, for cash equal to the then current-market value of one share of the Issuer's common stock or, at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis.
The OP Units were issued pursuant to contribution agreements with the Issuer and the Operating Partnership, pursuant to which the reporting person contributed its interests in certain entities that directly or indirectly owned properties or interests in the predecessor management company, to the Operating Partnership and its subsidiaries. The value of the OP Units was $13.00 per share as of the Transaction Date, based on the price of the common stock of the Issuer at the time of the Issuer's initial public offering.
The OP Units are vested as of the date of issuance. The OP Units have no expiration date.
Amount includes (a)230,769 OP Units held by directly by STAG Investments III, LLC, for which the reporting person is a controlling member, (b) 1,754,521 OP Units held directly by STAG Investments IV, LLC, for which the reporting person is a controlling member, (c)5,252 OP Units held directly by STAG III Employees, LLC, for which an affiliate of the reporting person is the manager, and (d) 6,615 OP Units held directly by Net Lease Aggregation Funds, LLC and BSB STAG III, LLC, for which the reporting person is the managing member. The reporting person disclaims any beneficial ownership of such OP Units, except to the extent of his pecuniary interest therein.
The long-term incentive plan units of the Operating Partnership ("LTIP Units") were granted to the reporting person on April 20, 2011 pursuant to the Issuer's 2011 Equity Incentive Plan.
LTIP Units are subject to forfeiture over a five-year period. Over time, the LTIP Units can achieve full parity with the 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 election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. The LTIP Units do not have an expiration date.
Represents the weighted average purchase price. Purchase prices range from $12.17-$12.24. Upon request by the Commission, the Issuer or a stockholder of the Issuer, the reporting person will provide full information regarding the number of shares purchased at each separate price.