Garrison Christine M. 4
4 · Farmland Partners Inc. · Filed Feb 20, 2025
Insider Transaction Report
Form 4
Garrison Christine M.
General Counsel and Secretary
Transactions
- Award
Common Stock
2025-02-18+10,434→ 35,172 total - Award
Performance Stock Units
2025-02-18+1,490→ 2,819 total→ Common Stock (1,490 underlying) - Award
Performance Stock Units
2025-02-18+1,490→ 2,819 total→ Common Stock (1,490 underlying)
Footnotes (3)
- [F1]As part of Ms. Garrison's bonus compensation for the year ended December 31, 2024, she received a grant of 10,434 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, 2024. 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, 2024. 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.