Paul A. Pittman - Mar 3, 2022 Form 4 Insider Report for Farmland Partners Inc. (FPI)

Role
Chief Executive Officer, Director
Signature
/s/ Justin R. Salon, as attorney-in-fact for Paul A. Pittman
Stock symbol
FPI
Transactions as of
Mar 3, 2022
Transactions value $
$0
Form type
4
Date filed
3/7/2022, 05:10 PM
Previous filing
Dec 17, 2021
Next filing
Mar 28, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FPI Common Stock Award $0 +63.3K +6.13% $0.00 1.1M Mar 3, 2022 Direct F1, F2
holding FPI Common Stock 1.26M Mar 3, 2022 By LLC F3, F4
holding FPI Common Stock 5.3K Mar 3, 2022 By Spouse
holding FPI Common Stock 1.2K Mar 3, 2022 By daughter, Allison Pitman
holding FPI Common Stock 1.1K Mar 3, 2022 As UMTA Custodian for daughter, Catherine Pittman
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As part of Mr. Pittman's bonus compensation for the year ended December 31, 2021, he received a grant of 63,291 restricted shares of common stock pursuant to the Farmland Partners Inc. Third Amended and Restated 2014 Equity Incentive Plan, which shares will vest ratably on each of the first three anniversaries of the date of the grant.
F2 Reflects an adjustment to total holdings to exclude two hundred and thirty two thousand nine hundred and fifteen shares incorrectly reported as directly owned by the Reporting Person, which shares were double counted as both indirectly and directly held in prior reports following the transfer of such shares from the reporting person to an LLC.
F3 Reflects an adjustment to total holdings to include seven thousand shares incorrectly excluded in prior reports.
F4 The shares are held by PJAC Farmland Partners, LLC, an entity controlled by the Reporting Person.