Company: IIPR
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001104659-25-041241
Chunk: 51

Company: INNOVATIVE INDUSTRIAL PROPERTIES INC
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 51
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 ​ | ​ | ​                                                       | ​ | 46,124(3) | ​ | ​ | ​ | ​                                                               | ​ | 3,073,703 | ​ | ​ |
| ​ | David Smith   | ​ | ​ | ​                                                       | ​ | 19,613(4) | ​ | ​ | ​ | ​                                                               | ​ | 1,307,010 | ​ | ​ |
| ​ | Brian Wolfe   | ​ | ​ | ​                                                       | ​ | 16,606(5) | ​ | ​ | ​ | ​                                                               | ​ | 1,106,624 | ​ | ​ |

(1) The market value of unvested restricted common stock and RSUs is calculated by multiplying the number of unvested shares of restricted common stock and RSUs held by the applicable named executive officer by the closing price of our common stock on December 31, 2024, which was $66.64. (2) 28,636, 23,230 and 12,708 RSUs are released from forfeiture restrictions on January 1, 2025, January 1, 2026 and January 1, 2027, respectively, provided that Mr. Gold continues to be an employee of the Company or a non-employee member of the Board on each such date. (3) 20,454, 16,593 and 9,077 shares of restricted common stock, are released from forfeiture restrictions on January 1, 2025, January 1, 2026 and January 1, 2027, respectively, provided that Mr. Smithers continues to be an employee of the Company or a non-employee member of the Board on each such date. (4) 7,991, 7,991 and 3,631 RSUs are released from forfeiture restrictions on each of January 1, 2025, January 1, 2026 and January 1, 2027, respectively, provided that Mr. Smith continues to be an employee of the Company or a non-employee member of the Board on each such date. (5) 7,364, 5,974 and 3,268 shares of restricted common stock and RSUs are released from forfeiture restrictions on January 1, 2025, January 1, 2026 and January 1, 2027, respectively, provided that Mr. Wolfe continues to be an employee of the Company or a non- employee