4//SEC Filing
Gilligan James 4
Accession 0001062993-24-005780
CIK 0001591670other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 8:22 PM ET
Size
10.4 KB
Accession
0001062993-24-005780
Insider Transaction Report
Form 4
Gilligan James
Chief Financial Officer
Transactions
- Award
Performance Stock Units
2024-03-04+2,770→ 2,770 total→ Common Stock (2,770 underlying) - Award
Performance Stock Units
2024-03-04+2,770→ 2,770 total→ Common Stock (2,770 underlying) - Award
Common Stock
2024-03-04+19,392→ 70,054 total
Footnotes (3)
- [F1]As part of Mr. Gilligan's bonus compensation for the year ended December 31, 2023, he received a grant of 19,392 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.
- [F2]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.
- [F3]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 0001886991
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 8:22 PM ET
- Size
- 10.4 KB