Company: IIPR
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001104659-25-041241
Chunk: 54

Company: INNOVATIVE INDUSTRIAL PROPERTIES INC
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 54
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                                             | ​ | — | ​ | ​ | ​ | ​                                                  | ​ | -923,923 | ​ | ​ | ​ | ​                                          | ​ | -782,479 | ​ | ​ | ​ | ​                                             | ​ | 3,326,935 | ​ | ​ |
| ​ | Paul Smithers  | ​ | ​ | ​                                              | ​ |   223,619 | ​ | ​ | ​ | ​                                             | ​ | — | ​ | ​ | ​ | ​                                                  | ​ | -462,789 | ​ | ​ | ​ | ​                                          | ​ | -128,764 | ​ | ​ | ​ | ​                                             | ​ | 1,153,338 | ​ | ​ |
| ​ | David Smith    | ​ | ​ | ​                                              | ​ |   439,575 | ​ | ​ | ​ | ​                                             | ​ | — | ​ | ​ | ​ | ​                                                  | ​ |    9,509 | ​ | ​ | ​ | ​                                          | ​ | -158,534 | ​ | ​ | ​ | ​                                             | ​ |   290,550 | ​ | ​ |
| ​ | Brian Wolfe(5) | ​ | ​ | ​                                              | ​ |   272,819 | ​ | ​ | ​ | ​                                             | ​ | — | ​ | ​ | ​ | ​                                                  | ​ |   23,005 | ​ | ​ | ​ | ​                                          | ​ | -115,496 | ​ | ​ | ​ | ​                                             | ​ |   180,328 | ​ | ​ |

(1) The amount reported as executive contributions in 2024 includes each executive officer’s RSUs that vested in 2024 but were

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TABLE OF CONTENTS deferred under the NQDC Plan. These RSUs are payable in shares of the Company’s common stock but, pursuant to the terms of each executive officer’s deferral of the RSUs, payment does not occur until the applicable date as determined under the NQDC Plan. In accordance with applicable rules of the SEC, these RSUs are reflected in this table because, while the RSUs are considered to have been vested at the end of 2024, they had not yet become payable. None of the named executive officers deferred cash payments under the NQDC Plan for 2024. The grant-date fair values of these RSUs were reported as compensation to each executive in the Summary Compensation Table in 2023. (