STAG Industrial, Inc. 4
4 · STAG Industrial, Inc. · Filed Mar 9, 2017
Insider Transaction Report
Form 4
King David G
EVP and Director-Real Estate
Transactions
- Gift
Common Stock
2017-03-08−500→ 364 total - Award
Common Stock
2017-03-03+7,568→ 7,932 total - Sale
Common Stock
2017-03-07$25.40/sh−7,068$179,527→ 864 total - Conversion
Partnership Units
2017-03-03−7,568→ 0 total→ Common Stock, par value $0.01 per share (7,568 underlying)
Footnotes (3)
- [F1]The price represents the weighted average sale price of a series of individual sales. Individual sale prices ranged from $25.35 to $25.43. Upon request by the Securities and Exchange Commission, the issuer or a stockholder of the issuer, the reporting person will provide the number of shares sold at each separate price.
- [F2]The reporting person redeemed 7,568 common units of the limited partnership (the "OP Units") of STAG Industrial Operating Partnership, L.P. (the "Operating Partnership"), of which STAG Industrial, Inc. (the "Issuer") is the sole member of the general partner. The OP Units are redeemable for cash equal to the 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. The Issuer elected to redeem the reporting person's OP Units with common stock.
- [F3]Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-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. OP Units do not have an expiration date.