| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | IIPR | Common Stock | 2,429 | May 15, 2024 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IIPR | Restricted Stock Units 2024 | +Grant/Award | $0 | +1,416 | $0.00 | 1,416 | May 15, 2024 | Common Stock | 1,416 | $0.00 | Direct | F1, F2 | |
| holding | IIPR | Restricted Stock Units 2023 | 2,247 | May 15, 2024 | Common Stock | 2,247 | $0.00 | Direct | F1, F3 | |||||
| holding | IIPR | Restricted Stock Units 2022 | 1,249 | May 15, 2024 | Common Stock | 1,249 | $0.00 | Direct | F1, F4 | |||||
| holding | IIPR | Restricted Stock Units 2021 | 883 | May 15, 2024 | Common Stock | 883 | $0.00 | Direct | F1, F4 | |||||
| holding | IIPR | Restricted Stock Units 2020 | 911 | May 15, 2024 | Common Stock | 911 | $0.00 | Direct | F1, F4 |
| Id | Content |
|---|---|
| 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 May 15, 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 Nonqualified Deferred Compensation Plan (the "NQDC Plan"). |
| F3 | All of the RSUs shall be released from the forfeiture restriction on June 7, 2024, 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 | The vesting of RSUs is subject to the satisfaction of the vesting conditions under the Company's NQDC Plan. |