| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FPI | Common Stock | Award | $0 | +45.7K | +2.88% | $0.00 | 1.63M | Feb 18, 2025 | Direct | F1, F2 |
| holding | FPI | Common Stock | 1.27M | Feb 18, 2025 | By LLC | F3, F4 | |||||
| holding | FPI | Common Stock | 5.3K | Feb 18, 2025 | By Spouse | ||||||
| holding | FPI | Common Stock | 1.2K | Feb 18, 2025 | By daughter, Allison Pittman | ||||||
| holding | FPI | Common Stock | 1.1K | Feb 18, 2025 | As UMTA Custodian for daughter, Catherine Pittman |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FPI | Performance Stock Units | Award | $0 | +6.53K | +68.24% | $0.00 | 16.1K | Feb 18, 2025 | Common Stock | 6.53K | Direct | F5 | |
| transaction | FPI | Performance Stock Units | Award | $0 | +6.53K | +68.24% | $0.00 | 16.1K | Feb 18, 2025 | Common Stock | 6.53K | Direct | F6 |
| Id | Content |
|---|---|
| F1 | As part of Mr. Pittman's bonus compensation for the year ended December 31, 2024, he received a grant of 45,687 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 a correction in the total amount of Common Stock held by Mr. Pittman. In the Reporting Person's Form 4 filed on March 7, 2022, the total amount of Common Stock held by Mr. Pittman should have been reported as 1,316,722 shares rather than 1,095,307 shares. |
| F3 | Reflects a correction in the total amount of Common Stock held indirectly by Mr. Pittman through PJAC Farmland Partners, LLC, an entity controlled by the Reporting Person. In the Reporting Person's Form 4 filed on March 7, 2022, the total amount of Common Stock held indirectly by Mr. Pittman through PJAC Farmland Partners, LLC should have been reported as 1,262,500 shares rather than 1,258,000 shares. |
| F4 | The shares are held by PJAC Farmland Partners, LLC, an entity controlled by the Reporting Person. |
| F5 | Represents Performance Stock Units ("PSUs") granted to the reporting person pursuant to the Third Amended and Restated 2014 Equity Incentive Plan. Each PSU represents a contingent right to receive one share of common stock. The PSUs will be eligible to be earned by the reporting person based on the achievement by Farmland Partners Inc. with respect to an absolute total shareholder return ("TSR") performance goal over a three-year performance period beginning on December 31, 2024. The number of PSUs indicated reflects the "target" number of PSUs granted to the reporting person and the number of PSUs earned could range from 0% to 150% of such target number. |
| F6 | Represents PSUs granted to the reporting person pursuant to the Third Amended and Restated 2014 Equity Incentive Plan. Each PSU represents a contingent right to receive one share of common stock. The PSUs will be eligible to be earned by the reporting person based upon Farmland Partners Inc.'s relative TSR compared to the TSR of the companies in the MSCI US REIT Net Total Return Index over a three year performance period beginning on December 31, 2024. The number of PSUs indicated reflects the "target" number of PSUs granted to the reporting person and the number of PSUs earned could range from 0% to 150% of such target number. |