X0306 4 2017-02-02 1 0001474777 American Farmland Co AFCO 0001018125 GIMBEL THOMAS S T C/O AMERICAN FARMLAND COMPANY 10 EAST 53RD STREET NEW YORK NY 10022 1 1 0 0 Chief Executive Officer Common Stock 2017-02-02 4 A 0 10074 0.00 A 28150 D Common Stock 2017-02-02 4 D 0 28150 D 0 D Common Units 2017-02-02 4 D 0 82422 D Common Stock 82422 0 D Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of September 12, 2016, by and among American Farmland Company (the "Company") , American Farmland Company L.P. ("AFCO OP"), Farmland Partners Inc. ("FPI"), Farmland Partners Operating Partnership, LP ("FPI OP"), Farmland Partners OP GP, LLC, FPI Heartland, LLC, FPI Heartland Operating Partnership, LP and FPI Heartland GP LLC, upon the closing of the transactions contemplated by the Merger Agreement, each share of AFCO common stock owned by the reporting person immediately prior to the effective time of the merger, including 10,074 restricted stock units that became fully earned and vested upon the closing of the transactions contemplated by the Merger Agreement, was converted into the right to receive 0.7417 shares of FPI common stock. On the date immediately prior to the effective time of the merger, the closing price of the Company's common stock was $8.65 per share and the closing price of FPI's common stock was $11.41 per share. Pursuant to the terms of the Merger Agreement, upon the closing of the transactions contemplated by the Merger Agreement, each unit of limited partnership in AFCO OP was converted into the right to receive 0.7417 units of limited partnership in FPI OP. /s/ Thomas S.T. Gimbel 2017-02-06