INNOVATIVE INDUSTRIAL PROPERTIES INC filed this 10-Q on August 06, 2024
INNOVATIVE INDUSTRIAL PROPERTIES INC - 10-Q - 20240806 - CHANGES_IN_SECURITIES

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

(a)

During the six months ended June 30, 2024, we issued 28,408 shares of our common stock upon exchange by holders of $4.3 million of outstanding principal amount of our Exchangeable Senior Notes. Such shares of our common stock were issued in reliance on Section 3(a)(9) of the Securities Act of 1933, as amended.

(c)

Maximum Number

Total Number of

Purchased as Part of

of Shares that May Yet

 

Shares of Common

Average Price Paid

 

Publicly Announced

be Purchased Under the

Period

Stock Purchased

per Common Share

 

Plans or Programs

Plans or Programs

January 1, 2024 - January 31, 2024

7,442

(1)

$

101.19

(2)

February 1, 2024 - February 29, 2024

March 1, 2024 - March 31, 2024

April 1, 2024 - April 30, 2024

May 1, 2024 - May 31, 2024

June 1, 2024 - June 30, 2024

Total

 

7,442

$

101.19

(1)Represents shares that were forfeited to cover the employees’ tax withholding obligation upon vesting.
(2)The value of the common stock withheld was based on the closing price of our common stock on the applicable vesting date.