Christopher P. Marr - 08 Jan 2024 Form 4 Insider Report for STAG Industrial, Inc. (STAG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
10 Jan 2024, 16:21:40 UTC
Prior SEC filing
03 Jan 2024
Next SEC filing
16 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jeffrey M. Sullivan, Attorney-in-Fact

Key filing fact

Christopher P. Marr filed Form 4 for STAG Industrial, Inc. (STAG) on 10 Jan 2024.

Key facts

  • This page summarizes Christopher P. Marr's Form 4 filing for STAG Industrial, Inc. (STAG).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 10 Jan 2024, 16:21.

Change

  • Previous filing in this sequence was filed on 03 Jan 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

STAG transaction Derivative

LTIP Units

Award

Transaction value
Shares
+3,243
Change %
+7.9%
Price
Shares after
44,354
Date
08 Jan 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.01 per share
Underlying amount
3,243
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership ("Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, were granted to the reporting person on January 8, 2024 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended. The LTIP Units are subject to forfeiture until December 31, 2024.

Footnote F2

Over time, the LTIP Units can achieve full parity with common units of limited partnership of the Operating Partnership ("OP Units") for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

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