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INNOVATIVE INDUSTRIAL PROPERTIES INC — Director's Dealing 2021
Mar 3, 2021
31897_dirs_2021-03-03_d8ee6b73-0c78-4dce-8ba7-d78b4b7adda4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)
CIK: 0001677576
Period of Report: 2021-03-01
Reporting Person: Wolfe Brian J. (VP, Gen. Counsel and Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-01 | Common Stock | S | 4306 | $202.5171 | Disposed | 9515 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Share Units 2021 | $0 | Common Stock (7080) | 7080 | Direct |
Footnotes
F1: Reflects multiple sales transactions at share prices ranging from $202.48 to $202.77. Upon request by the Securities and Exchange Commission staff, Innovative Industrial Properties, Inc. or a security holder of Innovative Industrial Properties, Inc., full information shall be provided regarding the number of shares sold at each price.
F2: 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 shareholder return over performance period beginning January 11, 2021 and ending on December 31, 2023, and certification of such performance by the Compensation Committee following the conclusion of the performance period.