Stecher David 4
4 · INNOVATIVE INDUSTRIAL PROPERTIES INC · Filed May 23, 2022
Insider Transaction Report
Form 4
Stecher David
Director
Transactions
- Award
Common Stock
2022-05-18+1,249→ 7,782 total
Holdings
- 70(indirect: By Spouse)
Common Stock
- 911
Restricted Stock Units 2020
Exercise: $0.00→ Common Stock (911 underlying)
Footnotes (3)
- [F1]Represents grant of restricted stock. All of the shares shall be released from the forfeiture restriction on May 18, 2023, provided that the reporting person continues to be a non-employee director or employee of Innovative Industrial Properties, Inc. (the "Company") on such date.
- [F2]Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Company's common stock.
- [F3]The vesting of RSUs is subject to satisfaction of the vesting conditions under the Company's Nonqualified Deferred Compensation Plan.