CHRISTOPHER P. MARR - 17 Jan 2023 Form 4 Insider Report for STAG Industrial, Inc. (STAG)

Role
Director
Signature
/s/ Jeffrey M. Sullivan, Attorney-in-Fact
Issuer symbol
STAG
Transactions as of
17 Jan 2023
Transactions value $
$17,477
Form type
4
Filing time
18 Jan 2023, 18:23:41 UTC
Previous filing
13 Jan 2023
Next filing
07 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STAG Common Stock Award $17.5K +528 +2.47% $33.10 21.9K 17 Jan 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $17,500 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended January 11, 2023, which was $33.10.
F2 Due to an inadvertent administrative error in a Form 4 filed on April 20, 2022, the number of shares beneficially owned reported was 19,776 shares, rather than the correct number of 20,152. The result of the error in subsequent filings was to under report direct holdings by the reporting person by 376 shares. This filing properly reflects the correct number of shares as of January 18, 2023.