4//SEC Filing
Wolfe Brian J. 4
Accession 0001415889-24-001437
CIK 0001677576other
Filed
Jan 17, 7:00 PM ET
Accepted
Jan 18, 10:16 AM ET
Size
10.4 KB
Accession
0001415889-24-001437
Insider Transaction Report
Form 4
Wolfe Brian J.
VP, GEN. COUNSEL AND SECRETARY
Transactions
- Award
Restricted Stock Units 2024
2024-01-17+9,804→ 9,804 totalExercise: $0.00→ Common Stock (9,804 underlying)
Holdings
- 8,118
Restricted Stock Units 2023
Exercise: $0.00→ Common Stock (8,118 underlying) - 8,928
Common Stock
- 10,264
Performance Share Units 2022
Exercise: $0.00→ Common Stock (10,264 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Innovative Industrial Properties, Inc.'s (the "Company") common stock.
- [F2]One-third of the RSUs shall be released from the forfeiture restriction on each of January 1, 2025, January 1, 2026 and January 1, 2027, provided that the reporting person continues to be a non-employee director or employee of the Company on such date. The vesting of RSUs is subject to satisfaction of the vesting conditions under the Company's Nonqualified Deferred Compensation Plan (the "NQDC Plan").
- [F3]One-third of the RSUs shall be released from the forfeiture restriction on each of January 1, 2024, January 1, 2025 and January 1, 2026, provided that the reporting person continues to be a non-employee director or employee of the Company on such date. The vesting of RSUs is subject to satisfaction of the vesting conditions under the Company's NQDC Plan.
- [F4]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 17, 7:00 PM ET
- Accepted
- Jan 18, 10:16 AM ET
- Size
- 10.4 KB