X0306 4 2016-03-30 0001591670 Farmland Partners Inc. FPI 0001389549 Pittman Paul A C/O FARMLAND PARTNERS INC. 4600 S. SYRACUSE STREET SUITE 1450 DENVER CO 80237 1 1 0 0 President and CEO Common Stock 2016-03-31 4 P 0 233400 A 427704 D Common Stock 5300 I By spouse Common Stock 1601 I As UTMA Custodian for daughter, Catherine Pittman Common Stock 1500 I As UTMA Custodian for daughter, Allison Pittman OP Units 2016-03-30 4 J 0 58350 A 2015-04-16 Common Stock 58350 1517100 I By limited liability company OP Units 2016-03-30 4 J 0 1517100 0 A 2015-04-16 Common Stock 1517100 1517100 D Received as consideration from Hough Holdings, LLC in connection with the restructuring of Pittman Hough Farms LLC ("Pittman Hough") at a deemed price of $10.97 per share. Farmland Partners Inc. (the "Company") is the sole member of the general partner of Farmland Partners Operating Partnership, LP (the "Operating Partnership"), the operating partnership of the Company. Commencing April 14, 2015, one year after the date of issuance, each unit of limited partnership interest ("OP Units") in the Operating Partnership became redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. OP Units have no expiration date. Reflects an increase in Mr. Pittman's pecuniary interest in the OP Units held by Pittman Hough. Mr. Pittman previously reported indirect beneficial ownership of 1,458,750 OP Units, which reflected his 75% pecuniary interest in the 1,945,000 OP Units held by Pittman Hough. On March 30, 2016, in connection with restructuring transactions of various assets owned by Pittman Hough, Mr. Pittman's pecuniary interest in the OP Held by Pittman Hough was increased from 75% to 78%, resulting in an increase of 58,350 OP Units indirectly beneficially owned by Mr. Pittman. In connection with such restructuring transactions, the OP Units were ascribed a value of $10.97 per OP Unit. Reflects a pro rata distribution of the OP Units held by Pittman Hough. /s/ Andrew P. Campbell, as attorney-in-fact for Paul A. Pittman 2016-04-01