Key facts
- This page summarizes Catherine Hastings's Form 4 filing for INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR).
- 1 reported transaction and 6 derivative rows are listed below.
- Accepted by SEC: 20 Jan 2023, 15:15.
Catherine Hastings - 18 Jan 2023 Form 4 Insider Report for INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)
- Reporting relationship
- CFO AND TREASURER
- Issuer ticker
- IIPR
- Reported as of
- 18 Jan 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 20 Jan 2023, 15:15:23 UTC
- Prior SEC filing
- 12 Jan 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Brian J. Wolfe, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Catherine Hastings filed Form 4 for INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR) on 20 Jan 2023.
Change
- Previous filing in this sequence was filed on 12 Jan 2022.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
IIPR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,599
- Date
- 18 Jan 2023
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
IIPR
transaction
Derivative
Restricted Stock Units 2023
Award
- Transaction value
- $0
- Shares
- +9,021
- Change %
- Price
- $0.000000
- Shares after
- 9,021
- Date
- 18 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 9,021
- Exercise price
- $0.000000
- Footnotes
- F1, F2
IIPR
holding
Derivative
Restricted Stock Units 2020
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 7,323
- Date
- 18 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 7,323
- Exercise price
- $0.000000
- Footnotes
- F1, F3
IIPR
holding
Derivative
Restricted Stock Units 2021
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2,607
- Date
- 18 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,607
- Exercise price
- $0.000000
- Footnotes
- F1, F4
IIPR
holding
Derivative
Performance Share Units 2021
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 8,496
- Date
- 18 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 8,496
- Exercise price
- $0.000000
- Footnotes
- F5
IIPR
holding
Derivative
Performance Share Units 2022
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 12,317
- Date
- 18 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 12,317
- Exercise price
- $0.000000
- Footnotes
- F6
IIPR
holding
Derivative
Restricted Stock Units 2022
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 4,635
- Date
- 18 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,635
- Exercise price
- $0.000000
- Footnotes
- F1, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of Innovative Industrial Properties, Inc.'s (the "Company") common stock.
Footnote F2
One-third of the RSUs shall be released from the forfeiture restriction on each of January 1, 2024, January 1, 2025 and January 1, 2026, 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").
Footnote F3
The vesting of RSUs is subject to satisfaction of the vesting conditions under the Company's NQDC Plan.
Footnote F4
One-third of the RSUs shall be released from the forfeiture restriction on each of January 1, 2022, January 1, 2023 and January 1, 2024, 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 NQDC Plan.
Footnote F5
Each performance share unit represents the right to receive, following vesting, between 0% and 150% of one share of common stock based upon the achievement of pre-established performance metrics related to relative total stockholder return over the performance period beginning January 11, 2021 and ending on December 31, 2023, and certification of such performance by the Compensation Committee of the Board of Directors of the Company following the conclusion of the performance period.
Footnote F6
Each performance share unit represents the right to receive, following vesting, between 0% and 150% of one share of common stock based upon the achievement of pre-established performance metrics related to relative total stockholder return over the performance period beginning January 11, 2022 and ending on December 31, 2024, and certification of such performance by the Compensation Committee of the Board of Directors of Innovative Industrial Properties, Inc. (the "Company") following the conclusion of the performance period.
Footnote F7
One-third of the RSUs shall be released from the forfeiture restriction on each of January 1, 2023, January 1, 2024 and January 1, 2025, 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 NQDC Plan.