4//SEC Filing
Fabbri Luca 4
Accession 0001062993-24-005636
CIK 0001591670other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 9:48 PM ET
Size
12.6 KB
Accession
0001062993-24-005636
Insider Transaction Report
Form 4
Fabbri Luca
CFO, Secretary and Treasurer
Transactions
- Tax Payment
Common Stock
2024-03-03−3,053→ 282,273 total - Award
Common Stock
2024-03-04+40,724→ 322,997 total - Award
Performance Stock Units
2024-03-04+5,817→ 5,817 total→ Common Stock (5,817 underlying) - Award
Performance Stock Units
2024-03-04+5,817→ 5,817 total→ Common Stock (5,817 underlying)
Holdings
- 4,043(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]These shares were forfeited to satisfy Mr. Fabbri's tax obligations in connection with the vesting of restricted shares of common stock.
- [F2]As part of Mr. Fabbri's bonus compensation for the year ended December 31, 2023, he received a grant of 40,724 restricted shares of common stock pursuant to the Farmland Partners Inc. Third Amended and Restated 2014 Equity Incentive Plan, which shares will vest ratably on each of the first three anniversaries of the date of the grant.
- [F3]Represents Performance Stock Units ("PSUs") granted to the reporting person pursuant to the Third Amended and Restated 2014 Equity Incentive Plan. Each PSU represents a contingent right to receive one share of common stock. The PSUs will be eligible to be earned by the reporting person based on the achievement by Farmland Partners Inc. with respect to an absolute total shareholder return ("TSR") performance goal over a three-year performance period beginning on December 31, 2023. The number of PSUs indicated reflects the "target" number of PSUs granted to the reporting person and the number of PSUs earned could range from 0% to 150% of such target number.
- [F4]Represents PSUs granted to the reporting person pursuant to the Third Amended and Restated 2014 Equity Incentive Plan. Each PSU represents a contingent right to receive one share of common stock. The PSUs will be eligible to be earned by the reporting person based upon Farmland Partners Inc.'s relative TSR compared to the TSR of the companies in the MSCI US REIT Net Total Return Index over a three year performance period beginning on December 31, 2023. The number of PSUs indicated reflects the "target" number of PSUs granted to the reporting person and the number of PSUs earned could range from 0% to 150% of such target number.
Issuer
Farmland Partners Inc.
CIK 0001591670
Entity typeother
Related Parties
1- filerCIK 0001605158
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 9:48 PM ET
- Size
- 12.6 KB