Company: IIPR
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001104659-25-041241
Chunk: 20

Company: INNOVATIVE INDUSTRIAL PROPERTIES INC
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 20
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, Shoemaker and Stecher and Ms. Curran vest in their entirety on May 15, 2025. These shares and RSUs represent the only unvested equity held by our non-employee directors at December 31, 2024. Mr. Shoemaker

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TABLE OF CONTENTS and Ms. Curran each elected to defer settlement of all of his or her RSUs pursuant to the NQDC Plan. No director received matching contributions from the Company in 2024 in connection with these deferrals. (4) Includes the additional annual retainer of $5,000 paid to Mr. Kreitzer for serving as the Chair of the compensation committee, the additional annual retainer of $5,000 paid to Mr. Shoemaker for serving as the Chair of the nominating and corporate governance committee and the additional annual retainer of $10,000 paid to Mr. Stecher for serving as the Chair of the audit committee. Mr. Shoemaker elected to defer cash payments totaling $20,000 pursuant to the NQDC Plan. No director received matching contributions from the Company in 2024 in connection with these deferrals. Policy Governing Stockholder Communications with the Board Our Board welcomes communications from our stockholders. Any stockholder or other interested party who wishes to communicate with the Board or one or more members of the Board should do so in writing in care of the Secretary of Innovative Industrial Properties, Inc., at our San Diego office, 11440 West Bernardo Court, Suite 100, San Diego, California 92127. The Secretary is directed to forward each appropriate communication to the director or directors for whom it is intended. Policy Governing Director Attendance at Annual Meetings of Stockholders We encourage, but do not require, our Board members to attend the annual meeting of stockholders. All of our Board members attended our 2024 annual meeting of stockholders. Code of Business Conduct and Ethics and Corporate Governance Guidelines We maintain a Code of Business Conduct and Ethics that applies to our officers, employees, agents and directors, and addresses matters such as (i) our policy on political contributions, (ii) disclosures and financial reporting, and (iii) protection and use of our assets. The Board adopted the Code of Business Conduct and Ethics to codify and formalize certain of our long-standing policies and principles that help ensure our business is conducted in accordance with the highest standards of ethical behavior. We require all employees to acknowledge the terms of, and abide by, our Code of Business Conduct and Ethics.