0001179110-22-000466.txt : 20220112 0001179110-22-000466.hdr.sgml : 20220112 20220112170957 ACCESSION NUMBER: 0001179110-22-000466 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220110 FILED AS OF DATE: 20220112 DATE AS OF CHANGE: 20220112 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Pinard Matts CENTRAL INDEX KEY: 0001903953 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34907 FILM NUMBER: 22527187 MAIL ADDRESS: STREET 1: ONE FEDERAL STREET STREET 2: 23RD FLOOR CITY: BOSTON STATE: MA ZIP: 02110 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: STAG Industrial, Inc. CENTRAL INDEX KEY: 0001479094 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 273099608 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE FEDERAL STREET STREET 2: 23RD FLOOR CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: (617)574-4777 MAIL ADDRESS: STREET 1: ONE FEDERAL STREET STREET 2: 23RD FLOOR CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: STAG Industrial REIT, Inc. DATE OF NAME CHANGE: 20091218 4 1 edgar.xml FORM 4 - X0306 4 2022-01-10 0 0001479094 STAG Industrial, Inc. STAG 0001903953 Pinard Matts C/O STAG INDUSTRIAL, INC. ONE FEDERAL STREET, 23RD FLOOR BOSTON MA 02110 0 1 0 0 EVP, CFO and Treasurer LTIP Units 2022-01-10 4 A 0 7696 A Common Stock, par value $0.01 per share 7696 16336 D LTIP Units 2022-01-10 4 A 0 5753 A Common Stock, par value $0.01 per share 5753 22089 D The long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "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 10, 2022 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The LTIP Units vest on a quarterly basis over a four-year period. Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. 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. The LTIP Units were granted to the reporting person by the Board of Directors of the Issuer (the "Board"). The LTIP Units were earned by the reporting person based on a performance unit award made in January 2019 pursuant to the Equity Incentive Plan. The reporting person earned 192.8% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of LTIP Units earned on January 10, 2022. All of the LTIP Units are fully vested as of the issuance date. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC. Represents the number of LTIP Units earned as of December 31, 2021 under the performance unit award made in January 2019 and LTIP Units received in lieu of dividends paid on the earned LTIP Units. /s/ Jeffrey M. Sullivan, Attorney-in-Fact 2022-01-12