Christopher P. Marr - Oct 16, 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
Oct 16, 2023
Transactions value $
$17,474
Form type
4
Date filed
10/17/2023, 08:53 PM
Previous filing
Jul 19, 2023
Next filing
Jan 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STAG Common Stock Award $17.5K +509 +18.69% $34.33 3.23K Oct 16, 2023 Direct F1
holding STAG Common Stock 20.2K Oct 16, 2023 By trust 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 $17,500.00 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 October 11, 2023, which was $34.33.
F2 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.