0001062993-24-005636.txt : 20240305
0001062993-24-005636.hdr.sgml : 20240305
20240305214844
ACCESSION NUMBER: 0001062993-24-005636
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240303
FILED AS OF DATE: 20240305
DATE AS OF CHANGE: 20240305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Fabbri Luca
CENTRAL INDEX KEY: 0001605158
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36405
FILM NUMBER: 24724232
MAIL ADDRESS:
STREET 1: C/O FARMLAND PARTNERS INC.
STREET 2: 8670 WOLFF COURT, SUITE 240
CITY: WESTMINSTER
STATE: CO
ZIP: 80031
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Farmland Partners Inc.
CENTRAL INDEX KEY: 0001591670
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 463769850
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4600 S. SYRACUSE STREET
STREET 2: SUITE 1450
CITY: DENVER
STATE: CO
ZIP: 80237
BUSINESS PHONE: 720-452-3100
MAIL ADDRESS:
STREET 1: 4600 S. SYRACUSE STREET
STREET 2: SUITE 1450
CITY: DENVER
STATE: CO
ZIP: 80237
4
1
form4.xml
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0508
4
2024-03-03
0001591670
Farmland Partners Inc.
FPI
0001605158
Fabbri Luca
C/O FARMLAND PARTNERS INC.
4600 S. SYRACUSE STREET SUITE 1450
DENVER
CO
80237
0
1
0
0
President and CEO
0
Common Stock
2024-03-03
4
F
0
3053
0
D
282273
D
Common Stock
2024-03-04
4
A
0
40724
0
A
322997
D
Common Stock
4043
I
By Spouse
Performance Stock Units
2024-03-04
4
A
0
5817
0
A
Common Stock
5817
5817
D
Performance Stock Units
2024-03-04
4
A
0
5817
0
A
Common Stock
5817
5817
D
These shares were forfeited to satisfy Mr. Fabbri's tax obligations in connection with the vesting of restricted shares of common stock.
As part of Mr. Fabbri's bonus compensation for the year ended December 31, 2023, he received a grant of 40,724 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.
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, 2023. 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.
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, 2023. 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.
/s/ Justin Salon, attorney-in-fact for Luca Fabbri
2024-03-05