| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FPI | 6.00% Series B Participating Preferred Stock | Disposed to Issuer | $0 | -800 | -100% | $0.000000* | 0 | 04 Oct 2021 | Direct | F1 |
| transaction | FPI | Common Stock | Award | $0 | +1,669 | +0.13% | $0.000000 | 1,261,931 | 04 Oct 2021 | Direct | F2 |
| holding | FPI | Common Stock | 1,251,000 | 04 Oct 2021 | by LLC | F3 | |||||
| holding | FPI | Common Stock | 5,300 | 04 Oct 2021 | By Spouse | ||||||
| holding | FPI | Common Stock | 1,200 | 04 Oct 2021 | By daughter, Allison Pittman | ||||||
| holding | FPI | Common Stock | 1,100 | 04 Oct 2021 | As UTMA Custodian for daughter, Catherine Pittman |
| Id | Content |
|---|---|
| F1 | On September 28, 2021, the Issuer announced its intention to mandatorily convert all outstanding shares of its 6.00% Series B Participating Preferred Stock (the "Series B Preferred Stock") into shares of the Issuer's Common Stock in accordance with the terms of the Articles Supplementary designating the terms of the Series B Preferred Stock (the "Articles Supplementary" and collectively, the "Conversion"). Based on the conversion ratio in the Articles Supplementary, the Issuer issued 2.0871798 shares of Common Stock per share of Series B Preferred Stock to be converted (the "Conversion Ratio"). The Conversion occurred on October 4, 2021. |
| F2 | Received in exchange for 800 shares of Series B Preferred Stock as part of the Conversion. Cash was paid in lieu of any fractional shares of Common Stock that the reporting person was otherwise entitled to receive in accordance with the Conversion Ratio. |
| F3 | The shares are held by PJAC Farmland Partners, LLC, an entity controlled by the reporting person. |