Filing Details
- Accession Number:
- 0001415889-25-001243
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-01-10 16:07:05
- Reporting Period:
- 2024-02-16
- Accepted Time:
- 2025-01-10 16:07:05
- 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 |
---|---|---|---|---|---|---|---|
1937046 | Michael Chase | C/O Stag Industrial, Inc. One Federal Street, 23Rd Floor Boston MA 02110 | Evp And Cio | No | No | 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 | Disposition | 2024-02-16 | 14,007 | $39.05 | 9,422 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.01 Per Share | LTIP Units | Acquisiton | 2025-01-07 | 13,300 | $0.00 | 13,300 | $0.00 |
Common Stock, Par Value $0.01 Per Share | LTIP Units | Acquisiton | 2025-01-07 | 4,848 | $0.00 | 4,848 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
81,745 | No | 4 | A | Direct | ||
86,593 | No | 4 | A | Direct |
Footnotes
- The 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, were granted to the reporting person on January 7, 2025 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The LTIP Units vest on a quarterly basis over a four-year period.
- Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with common units of limited partnership of the Operating Partnership ("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.
- The LTIP Units were granted to the reporting person by the Board of Directors of the Issuer (the "Board"). The LTIP Units were earned by the reporting person based on a performance unit award made in January 2022 pursuant to the Equity Incentive Plan. The reporting person earned 106% of the target number of performance units over a three-year performance period (not including LTIP Units received in lieu of dividends paid on the earned LTIP Units). The Compensation Committee of the Board determined the number of LTIP Units earned on January 7, 2025. All of the LTIP Units are fully vested as of the issuance date. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.
- Represents the total number of LTIP Units earned as of December 31, 2024 under the performance unit award made in January 2022 and LTIP Units received in lieu of dividends paid on the earned LTIP Units.