Gold Alan D 4

Accession 0001415889-25-005389

CIK 0001677576other

View on SEC.gov Company Profile

Filed

Feb 24, 7:00 PM ET

Accepted

Feb 25, 10:51 AM ET

Size

15.9 KB

Accession

0001415889-25-005389

Insider Transaction Report

Form 4

Period: 2025-02-24

INNOVATIVE INDUSTRIAL PROPERTIES INCIIPR

Gold Alan D

DirectorEXECUTIVE CHAIRMAN

Transactions

Award
Restricted Stock Units 2025
2025-02-24+45,438→ 45,438 total
Exercise: $0.00→ Common Stock (45,438 underlying)

Holdings

Common Stock
213,308
Restricted Stock Units 2021
Exercise: $0.00→ Common Stock (12,612 underlying)
12,612
Restricted Stock Units 2024
Exercise: $0.00→ Common Stock (38,124 underlying)
38,124
Restricted Stock Units 2023
Exercise: $0.00→ Common Stock (31,566 underlying)
31,566
Restricted Stock Units 2022
Exercise: $0.00→ Common Stock (16,218 underlying)
16,218
Restricted Stock Units 2020
Exercise: $0.00→ Common Stock (15,978 underlying)
15,978
Common Stock
(indirect: By SLAT)
56,500

Footnotes (7)

[F1]A Spousal Lifetime Access Trust ("SLAT") for the benefit of the reporting person's spouse and adult child. The reporting person and the reporting person's spouse control the entity that serves as trustee of the SLAT.
[F2]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.
[F3]One-third of the RSUs shall be released from the forfeiture restriction on each of January 1, 2026, January 1, 2027 and January 1, 2028, 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").
[F4]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 NQDC Plan.
[F5]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.
[F6]One-third of the RSUs shall be released from the forfeiture restriction on each of January 1, 2023, January 1, 2024 and January 1, 2025, 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.
[F7]The vesting of RSUs is subject to satisfaction of the vesting conditions under the Company's NQDC Plan.

Documents

1 file

4
form4-02252025_030210.xmlPrimary

Issuer

INNOVATIVE INDUSTRIAL PROPERTIES INC

CIK 0001677576

→

Entity typeother

Related Parties

filerCIK 0001298786

Filing Metadata

Form type: 4
Filed: Feb 24, 7:00 PM ET
Accepted: Feb 25, 10:51 AM ET
Size: 15.9 KB

View on SEC.gov