4//SEC Filing
Wolfe Brian J. 4
Accession 0001415889-23-000166
CIK 0001677576other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 8:48 PM ET
Size
8.6 KB
Accession
0001415889-23-000166
Insider Transaction Report
Form 4
Wolfe Brian J.
VP, GEN. COUNSEL AND SECRETARY
Transactions
- Tax Payment
Common Stock
2023-01-01$101.35/sh−1,636$165,809→ 9,813 total
Holdings
- 10,264
Performance Share Units 2022
Exercise: $0.00→ Common Stock (10,264 underlying) - 7,080
Performance Share Units 2021
Exercise: $0.00→ Common Stock (7,080 underlying)
Footnotes (3)
- [F1]Represents payment of tax liability by the forfeiture of shares of common stock to Innovative Industrial Properties, Inc. (the "Company") incident to the vesting of the reporting person's restricted stock.
- [F2]Each performance share unit represents the right to receive, following vesting, between 0% and 150% of one share of common stock based upon the achievement of pre-established performance metrics related to relative total stockholder return over performance period beginning January 11, 2021 and ending on December 31, 2023, and certification of such performance by the Compensation Committee of the Board of Directors of the Company following the conclusion of the performance period.
- [F3]Each performance share unit represents the right to receive, following vesting, between 0% and 150% of one share of common stock based upon the achievement of pre-established performance metrics related to relative total stockholder return over the performance period beginning January 11, 2022 and ending on December 31, 2024, and certification of such performance by the Compensation Committee of the Board of Directors of the Company following the conclusion of the performance period.
Documents
Issuer
INNOVATIVE INDUSTRIAL PROPERTIES INC
CIK 0001677576
Entity typeother
Related Parties
1- filerCIK 0001689397
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 8:48 PM ET
- Size
- 8.6 KB