Christopher P. Marr - Jul 17, 2023 Form 4 Insider Report for STAG Industrial, Inc. (STAG)

Role
Director
Signature
/s/ Jeffrey M. Sullivan, Attorney-in-Fact
Stock symbol
STAG
Transactions as of
Jul 17, 2023
Transactions value $
$17,477
Form type
4
Date filed
7/19/2023, 03:18 PM
Previous filing
Jun 9, 2023
Next filing
Oct 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STAG Common Stock Award $17.5K +482 +21.5% $36.26 2.72K Jul 17, 2023 Direct F1, F2
holding STAG Common Stock 20.2K Jul 17, 2023 By trust F2, F3
* 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 $17,500.00 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 July 12, 2023, which was $36.26.
F2 These amounts reflect an increase of 1,714 shares held directly and a decrease of 1,714 shares held indirectly from the reporting person's prior ending balances to correct an administrative error.
F3 The securities are held in a trust for the benefit of the reporting person's spouse. The reporting person and a third party serve as co-trustees of the trust. The reporting person disclaims beneficial ownership of the securities, and the filing of this report should not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.