Mary A. Curran - 31 Dec 2022 Form 5 Insider Report for INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)

Role
Director
Signature
/s/ Brian J. Wolfe, Attorney-in-Fact
Issuer symbol
IIPR
Transactions as of
31 Dec 2022
Net transactions value
+$7,798
Form type
5
Filing time
25 Jan 2023, 10:40:16 UTC
Previous filing
23 May 2022
Next filing
12 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IIPR Common Stock Small acquisition under Rule 16a-6 $3,586 +16 +0.68% $219.47 2,407 12 Jan 2023 By the Mary Allis Curran Trust F1, F2
transaction IIPR Common Stock Small acquisition under Rule 16a-6 $4,212 +22 +0.93% $187.91 2,429 12 Apr 2023 By the Mary Allis Curran Trust F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding IIPR Restricted Stock Units 2022 1,249 31 Dec 2022 Common Stock 1,249 $0.000000 Direct F3, F4
holding IIPR Restricted Stock Units 2021 883 31 Dec 2022 Common Stock 883 $0.000000 Direct F3, F5
holding IIPR Restricted Stock Units 2020 911 31 Dec 2022 Common Stock 911 $0.000000 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were acquired pursuant to a broker-sponsored dividend reinvestment plan.
F2 Amount reported includes shares previously transferred by the reporting person into the Mary Allis Curran Trust.
F3 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.
F4 All of the RSUs shall be released from the forfeiture restriction on May 18, 2023, 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").
F5 The vesting of RSUs is subject to the satisfaction of the vesting conditions under the Company's NQDC Plan.