Shoemaker Scott 4
4 · INNOVATIVE INDUSTRIAL PROPERTIES INC · Filed Jun 14, 2021
Insider Transaction Report
Form 4
Shoemaker Scott
Director
Transactions
- Sale
Common Stock
2021-06-10$190.57/sh−500$95,285→ 2,560 total
Holdings
- 911
Restricted Stock Units 2020
Exercise: $0.00→ Common Stock (911 underlying) - 883
Restricted Stock Units 2021
Exercise: $0.00→ Common Stock (883 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of Innovative Industrial Properties, Inc. (the "Company") common stock.
- [F2]All of the RSUs shall be released from the forfeiture restriction on June 4, 2022, 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]The vesting of RSUs is subject to the satisfaction of the vesting conditions under the Company's NQDC Plan.