STAG

SEC source: 0001179110-20-008625 · edgar.xml · derivative · entry 5

Butcher Benjamin S · CIK 0001517406 · Director · Chairman, CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,320

Underlying: Common Stock, par value $0.01 per share · 82,056 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · security: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F4 · derivative.exercise_price: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F1 · kind: The reporting person converted 82,056 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 82,056 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 82,056 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F1 · price: The reporting person converted 82,056 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 82,056 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 82,056 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F4 · price: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F4 · derivative.exercise_date: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F4 · derivative.expiration_date: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

SEC source: 0001179110-20-008625 · edgar.xml · derivative · entry 4

Butcher Benjamin S · CIK 0001517406 · Director · Chairman, CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 91,376

Underlying: Common Stock, par value $0.01 per share · 82,056 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · security: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F4 · derivative.exercise_price: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F1 · kind: The reporting person converted 82,056 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 82,056 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 82,056 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F1 · price: The reporting person converted 82,056 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 82,056 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 82,056 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F4 · price: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F4 · derivative.exercise_date: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F4 · derivative.expiration_date: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

SEC source: 0001179110-20-008625 · edgar.xml · derivative · entry 3

Butcher Benjamin S · CIK 0001517406 · Director · Chairman, CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 659,426

Underlying: Common Stock, par value $0.01 per share · 82,056 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · security: Represents LTIP Units granted to the reporting person pursuant to the Issuer's 2011 Equity Incentive Plan, as amended. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F3 · derivative.exercise_price: Represents LTIP Units granted to the reporting person pursuant to the Issuer's 2011 Equity Incentive Plan, as amended. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F1 · kind: The reporting person converted 82,056 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 82,056 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 82,056 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F1 · price: The reporting person converted 82,056 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 82,056 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 82,056 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F3 · price: Represents LTIP Units granted to the reporting person pursuant to the Issuer's 2011 Equity Incentive Plan, as amended. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F3 · derivative.exercise_date: Represents LTIP Units granted to the reporting person pursuant to the Issuer's 2011 Equity Incentive Plan, as amended. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F3 · derivative.expiration_date: Represents LTIP Units granted to the reporting person pursuant to the Issuer's 2011 Equity Incentive Plan, as amended. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

SEC source: 0001179110-20-008625 · edgar.xml · nonDerivative · entry 2

Butcher Benjamin S · CIK 0001517406 · Director · Chairman, CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 62,088

F2 · price: This represents the weighted average sales price. Sales prices range from $32.15 to $32.65. Upon request by the Securities and Exchange Commission (the "SEC"), the Issuer or a stockholder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.

SEC source: 0001179110-20-008625 · edgar.xml · nonDerivative · entry 1

Butcher Benjamin S · CIK 0001517406 · Director · Chairman, CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 144,144

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reporting person converted 82,056 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 82,056 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 82,056 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F1 · price: The reporting person converted 82,056 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 82,056 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 82,056 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

SEC source: 0001179110-20-008302 · edgar.xml · nonDerivative · entry 1

Jacoby Francis X III · CIK 0001517991 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,462

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $12,500.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended July 10, 2020, which was $29.25.

SEC source: 0001179110-20-008303 · edgar.xml · nonDerivative · entry 1

MARR CHRISTOPHER P · CIK 0001185498 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,139

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $15,625.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended July 10, 2020, which was $29.25.

SEC source: 0001179110-20-008301 · edgar.xml · nonDerivative · entry 1

Furber Jeffrey D. · CIK 0001504780 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,903

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $16,250.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended July 10, 2020, which was $29.25.

SEC source: 0001179110-20-008300 · edgar.xml · nonDerivative · entry 1

COLBERT VIRGIS · CIK 0001189309 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,265

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $12,500.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended July 10, 2020, which was $29.25.

SEC source: 0001179110-20-008297 · edgar.xml · nonDerivative · entry 1

Dilley Michelle · CIK 0001733535 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,153

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $12,500.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended July 10, 2020, which was $29.25.

SEC source: 0001179110-20-008296 · edgar.xml · nonDerivative · entry 1

Chin Jit Kee · CIK 0001798435 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 963

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $12,500.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended July 10, 2020, which was $29.25.

SEC source: 0001179110-20-008294 · edgar.xml · nonDerivative · entry 1

WEGER HANS S · CIK 0001229305 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,657

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $17,500.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended July 10, 2020, which was $29.25.

SEC source: 0001179110-20-008304 · edgar.xml · nonDerivative · entry 1

Guillemette Larry T · CIK 0001518209 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,315

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $18,750.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended July 10, 2020, which was $29.25.

SEC source: 0001179110-20-004953 · edgar.xml · nonDerivative · entry 1

Guillemette Larry T · CIK 0001518209 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,674

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $18,750.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended March 27, 2020, which was $23.30.

SEC source: 0001179110-20-004952 · edgar.xml · nonDerivative · entry 1

Jacoby Francis X III · CIK 0001517991 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,035

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $12,500.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended March 27, 2020, which was $23.30

SEC source: 0001179110-20-004951 · edgar.xml · nonDerivative · entry 1

WEGER HANS S · CIK 0001229305 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,059

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $17,500.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended March 27, 2020, which was $23.30

SEC source: 0001179110-20-004950 · edgar.xml · nonDerivative · entry 1

Furber Jeffrey D. · CIK 0001504780 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,348

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $16,250.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended March 27, 2020, which was $23.30

SEC source: 0001179110-20-004948 · edgar.xml · nonDerivative · entry 1

COLBERT VIRGIS · CIK 0001189309 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,838

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $12,500.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended March 27, 2020, which was $23.30

SEC source: 0001179110-20-004949 · edgar.xml · nonDerivative · entry 1

MARR CHRISTOPHER P · CIK 0001185498 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,605

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $15,625.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended March 27, 2020, which was $23.30

SEC source: 0001179110-20-004947 · edgar.xml · nonDerivative · entry 1

Dilley Michelle · CIK 0001733535 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,726

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $12,500.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended March 27, 2020, which was $23.30

SEC source: 0001179110-20-004946 · edgar.xml · nonDerivative · entry 1

Chin Jit Kee · CIK 0001798435 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 536

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $12,500.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended March 27, 2020, which was $23.30

SEC source: 0001179110-20-003824 · edgar.xml · nonDerivative · entry 1

Jacoby Francis X III · CIK 0001517991 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,000

SEC source: 0001179110-20-003701 · edgar.xml · nonDerivative · entry 1

Jacoby Francis X III · CIK 0001517991 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,499

SEC source: 0001179110-20-004945 · edgar.xml · nonDerivative · entry 1

Jacoby Francis X III · CIK 0001517991 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,000

F1 · security: The title of security included in the transaction reported on March 16, 2020 was incorrectly listed as Common Stock. The correct title of security is 6.875% Series C Cumulative Redeemable Preferred Stock.

SEC source: 0001179110-20-000610 · edgar.xml · nonDerivative · entry 1

Guillemette Larry T · CIK 0001518209 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,870

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $16,250.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended January 10, 2020, which was $31.46.

SEC source: 0001179110-20-000609 · edgar.xml · nonDerivative · entry 1

WEGER HANS S · CIK 0001229305 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,308

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $16,250.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended January 10, 2020, which was $31.46.

SEC source: 0001179110-20-000608 · edgar.xml · nonDerivative · entry 1

MARR CHRISTOPHER P · CIK 0001185498 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,935

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $14,375.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended January 10, 2020, which was $31.46.

SEC source: 0001179110-20-000605 · edgar.xml · nonDerivative · entry 1

COLBERT VIRGIS · CIK 0001189309 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,302

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $12,500.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended January 10, 2020, which was $31.46.

SEC source: 0001179110-20-000607 · edgar.xml · nonDerivative · entry 1

Jacoby Francis X III · CIK 0001517991 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,499

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $12,500.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended January 10, 2020, which was $31.46.

SEC source: 0001179110-20-000606 · edgar.xml · nonDerivative · entry 1

Furber Jeffrey D. · CIK 0001504780 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,651

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $15,000.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended January 10, 2020, which was $31.46.

SEC source: 0001179110-20-000604 · edgar.xml · nonDerivative · entry 1

Dilley Michelle · CIK 0001733535 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,190

F1 · price: The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $12,500.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended January 10, 2020, which was $31.46.

SEC source: 0001179110-20-000518 · edgar.xml · derivative · entry 9

Mecke Stephen C · CIK 0001517397 · COO and EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 253,181

Underlying: Common Stock, par value $0.01 per share · 7,315 shares

Expires not disclosed

F5 · security: The shares of common stock and LTIP Units were granted to the reporting person by the Board. The shares of common stock and LTIP Units were earned by the reporting person based on a performance unit award made in March 2016 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of shares of common stock and LTIP Units earned on January 8, 2020. The shares of common stock are fully vested as of the date of issuance. The LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F5 · derivative.exercise_price: The shares of common stock and LTIP Units were granted to the reporting person by the Board. The shares of common stock and LTIP Units were earned by the reporting person based on a performance unit award made in March 2016 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of shares of common stock and LTIP Units earned on January 8, 2020. The shares of common stock are fully vested as of the date of issuance. The LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F6 · derivative.exercise_price: Represents LTIP Units granted to the reporting person pursuant to the Issuer's Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F9 · shares: Represents the number of LTIP Units earned as of December 31, 2019 under the performance unit award made in January 2017.

F5 · price: The shares of common stock and LTIP Units were granted to the reporting person by the Board. The shares of common stock and LTIP Units were earned by the reporting person based on a performance unit award made in March 2016 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of shares of common stock and LTIP Units earned on January 8, 2020. The shares of common stock are fully vested as of the date of issuance. The LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F6 · price: Represents LTIP Units granted to the reporting person pursuant to the Issuer's Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F5 · derivative.exercise_date: The shares of common stock and LTIP Units were granted to the reporting person by the Board. The shares of common stock and LTIP Units were earned by the reporting person based on a performance unit award made in March 2016 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of shares of common stock and LTIP Units earned on January 8, 2020. The shares of common stock are fully vested as of the date of issuance. The LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F6 · derivative.exercise_date: Represents LTIP Units granted to the reporting person pursuant to the Issuer's Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F6 · derivative.expiration_date: Represents LTIP Units granted to the reporting person pursuant to the Issuer's Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

SEC source: 0001179110-20-000518 · edgar.xml · derivative · entry 8

Mecke Stephen C · CIK 0001517397 · COO and EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 245,866

Underlying: Common Stock, par value $0.01 per share · 14,252 shares

Expires not disclosed

F8 · security: The LTIP Units were granted to the reporting person on January 8, 2020 pursuant to the Equity Incentive Plan. The LTIP Units vest on a quarterly basis over a four-year period.

F6 · derivative.exercise_price: Represents LTIP Units granted to the reporting person pursuant to the Issuer's Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F8 · derivative.exercise_price: The LTIP Units were granted to the reporting person on January 8, 2020 pursuant to the Equity Incentive Plan. The LTIP Units vest on a quarterly basis over a four-year period.

F6 · price: Represents LTIP Units granted to the reporting person pursuant to the Issuer's Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F8 · price: The LTIP Units were granted to the reporting person on January 8, 2020 pursuant to the Equity Incentive Plan. The LTIP Units vest on a quarterly basis over a four-year period.

F6 · derivative.exercise_date: Represents LTIP Units granted to the reporting person pursuant to the Issuer's Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F8 · derivative.exercise_date: The LTIP Units were granted to the reporting person on January 8, 2020 pursuant to the Equity Incentive Plan. The LTIP Units vest on a quarterly basis over a four-year period.

F6 · derivative.expiration_date: Represents LTIP Units granted to the reporting person pursuant to the Issuer's Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

SEC source: 0001179110-20-000518 · edgar.xml · derivative · entry 7

Mecke Stephen C · CIK 0001517397 · COO and EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.01 per share · 44,549 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F7 · security: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F7 · derivative.exercise_price: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F1 · kind: The reporting person converted 44,549 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 44,549 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 44,549 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F2 · kind: The LTIP Units were converted, the OP Units were redeemed and the shares were sold pursuant to an approved Rule 10b5-1 Trading Plan entered into by the reporting person on December 9, 2019 in compliance with the Rule 10b5-1 Guidelines adopted by the Board of Directors of the Issuer (the "Board").

F1 · price: The reporting person converted 44,549 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 44,549 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 44,549 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F7 · price: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F7 · derivative.exercise_date: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F7 · derivative.expiration_date: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

SEC source: 0001179110-20-000518 · edgar.xml · derivative · entry 6

Mecke Stephen C · CIK 0001517397 · COO and EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,549

Underlying: Common Stock, par value $0.01 per share · 44,549 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F7 · security: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F7 · derivative.exercise_price: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F1 · kind: The reporting person converted 44,549 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 44,549 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 44,549 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F2 · kind: The LTIP Units were converted, the OP Units were redeemed and the shares were sold pursuant to an approved Rule 10b5-1 Trading Plan entered into by the reporting person on December 9, 2019 in compliance with the Rule 10b5-1 Guidelines adopted by the Board of Directors of the Issuer (the "Board").

F1 · price: The reporting person converted 44,549 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 44,549 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 44,549 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F7 · price: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F7 · derivative.exercise_date: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F7 · derivative.expiration_date: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

SEC source: 0001179110-20-000518 · edgar.xml · derivative · entry 5

Mecke Stephen C · CIK 0001517397 · COO and EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 231,614

Underlying: Common Stock, par value $0.01 per share · 44,549 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · security: Represents LTIP Units granted to the reporting person pursuant to the Issuer's Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F6 · derivative.exercise_price: Represents LTIP Units granted to the reporting person pursuant to the Issuer's Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F1 · kind: The reporting person converted 44,549 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 44,549 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 44,549 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F2 · kind: The LTIP Units were converted, the OP Units were redeemed and the shares were sold pursuant to an approved Rule 10b5-1 Trading Plan entered into by the reporting person on December 9, 2019 in compliance with the Rule 10b5-1 Guidelines adopted by the Board of Directors of the Issuer (the "Board").

F1 · price: The reporting person converted 44,549 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 44,549 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 44,549 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F6 · price: Represents LTIP Units granted to the reporting person pursuant to the Issuer's Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F6 · derivative.exercise_date: Represents LTIP Units granted to the reporting person pursuant to the Issuer's Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F6 · derivative.expiration_date: Represents LTIP Units granted to the reporting person pursuant to the Issuer's Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

SEC source: 0001179110-20-000518 · edgar.xml · nonDerivative · entry 4

Mecke Stephen C · CIK 0001517397 · COO and EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,000

F2 · kind: The LTIP Units were converted, the OP Units were redeemed and the shares were sold pursuant to an approved Rule 10b5-1 Trading Plan entered into by the reporting person on December 9, 2019 in compliance with the Rule 10b5-1 Guidelines adopted by the Board of Directors of the Issuer (the "Board").

F4 · shares: Represents the number of shares of common stock earned as of December 31, 2019 under the performance unit award made in January 2017.

F3 · price: This represents the weighted average sales price. Sales prices range from $31.09 to $31.52. Upon request by the Securities and Exchange Commission (the "SEC"), the Issuer or a stockholder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.

SEC source: 0001179110-20-000518 · edgar.xml · nonDerivative · entry 3

Mecke Stephen C · CIK 0001517397 · COO and EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,212

SEC source: 0001179110-20-000518 · edgar.xml · nonDerivative · entry 2

Mecke Stephen C · CIK 0001517397 · COO and EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,909

F4 · shares: Represents the number of shares of common stock earned as of December 31, 2019 under the performance unit award made in January 2017.

F5 · price: The shares of common stock and LTIP Units were granted to the reporting person by the Board. The shares of common stock and LTIP Units were earned by the reporting person based on a performance unit award made in March 2016 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of shares of common stock and LTIP Units earned on January 8, 2020. The shares of common stock are fully vested as of the date of issuance. The LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

SEC source: 0001179110-20-000518 · edgar.xml · nonDerivative · entry 1

Mecke Stephen C · CIK 0001517397 · COO and EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,549

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reporting person converted 44,549 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 44,549 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 44,549 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F2 · kind: The LTIP Units were converted, the OP Units were redeemed and the shares were sold pursuant to an approved Rule 10b5-1 Trading Plan entered into by the reporting person on December 9, 2019 in compliance with the Rule 10b5-1 Guidelines adopted by the Board of Directors of the Issuer (the "Board").

F1 · price: The reporting person converted 44,549 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 44,549 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 44,549 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

SEC source: 0001179110-20-000520 · edgar.xml · derivative · entry 2

Sullivan Jeffrey M · CIK 0001628854 · EVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 129,450

Underlying: Common Stock, par value $0.01 per share · 19,977 shares

Expires not disclosed

F3 · security: The LTIP Units were granted to the reporting person by the Board of Directors of the Issuer (the "Board"). The LTIP Units were earned by the reporting person based on a performance unit award made in January 2017 pursuant to the Equity Incentive Plan. The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of LTIP Units earned on January 8, 2020. 12,856 LTIP Units are fully vested as of the issuance date and 7,121 LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F2 · derivative.exercise_price: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with common units of limited partnership of the Operating Partnership ("OP Units") for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F3 · derivative.exercise_price: The LTIP Units were granted to the reporting person by the Board of Directors of the Issuer (the "Board"). The LTIP Units were earned by the reporting person based on a performance unit award made in January 2017 pursuant to the Equity Incentive Plan. The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of LTIP Units earned on January 8, 2020. 12,856 LTIP Units are fully vested as of the issuance date and 7,121 LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F4 · shares: Represents the number of LTIP Units earned as of December 31, 2019 under the performance unit award made in January 2017.

F2 · price: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with common units of limited partnership of the Operating Partnership ("OP Units") for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F3 · price: The LTIP Units were granted to the reporting person by the Board of Directors of the Issuer (the "Board"). The LTIP Units were earned by the reporting person based on a performance unit award made in January 2017 pursuant to the Equity Incentive Plan. The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of LTIP Units earned on January 8, 2020. 12,856 LTIP Units are fully vested as of the issuance date and 7,121 LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F2 · derivative.exercise_date: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with common units of limited partnership of the Operating Partnership ("OP Units") for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F3 · derivative.exercise_date: The LTIP Units were granted to the reporting person by the Board of Directors of the Issuer (the "Board"). The LTIP Units were earned by the reporting person based on a performance unit award made in January 2017 pursuant to the Equity Incentive Plan. The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of LTIP Units earned on January 8, 2020. 12,856 LTIP Units are fully vested as of the issuance date and 7,121 LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F2 · derivative.expiration_date: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with common units of limited partnership of the Operating Partnership ("OP Units") for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

SEC source: 0001179110-20-000520 · edgar.xml · derivative · entry 1

Sullivan Jeffrey M · CIK 0001628854 · EVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 109,473

Underlying: Common Stock, par value $0.01 per share · 10,180 shares

Expires not disclosed

F1 · security: The long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, were granted to the reporting person on January 8, 2020 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The LTIP Units vest on a quarterly basis over a four-year period.

F1 · derivative.exercise_price: The long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, were granted to the reporting person on January 8, 2020 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The LTIP Units vest on a quarterly basis over a four-year period.

F2 · derivative.exercise_price: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with common units of limited partnership of the Operating Partnership ("OP Units") for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F1 · price: The long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, were granted to the reporting person on January 8, 2020 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The LTIP Units vest on a quarterly basis over a four-year period.

F2 · price: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with common units of limited partnership of the Operating Partnership ("OP Units") for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F1 · derivative.exercise_date: The long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, were granted to the reporting person on January 8, 2020 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The LTIP Units vest on a quarterly basis over a four-year period.

F2 · derivative.exercise_date: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with common units of limited partnership of the Operating Partnership ("OP Units") for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F2 · derivative.expiration_date: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with common units of limited partnership of the Operating Partnership ("OP Units") for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

SEC source: 0001179110-20-000515 · edgar.xml · derivative · entry 8

Butcher Benjamin S · CIK 0001517406 · Director · Chairman, CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 741,482

Underlying: Common Stock, par value $0.01 per share · 61,112 shares

Expires not disclosed

F4 · security: The LTIP Units were granted to the reporting person by the Board. The LTIP Units were earned by the reporting person based on a performance unit award made in January 2017 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of LTIP Units earned on January 8, 2020. 39,328 LTIP Units are fully vested as of the issuance date, and 21,784 LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F4 · derivative.exercise_price: The LTIP Units were granted to the reporting person by the Board. The LTIP Units were earned by the reporting person based on a performance unit award made in January 2017 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of LTIP Units earned on January 8, 2020. 39,328 LTIP Units are fully vested as of the issuance date, and 21,784 LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F5 · derivative.exercise_price: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F8 · shares: Represents the number of LTIP Units earned as of December 31, 2019 under the performance unit award made in January 2017.

F4 · price: The LTIP Units were granted to the reporting person by the Board. The LTIP Units were earned by the reporting person based on a performance unit award made in January 2017 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of LTIP Units earned on January 8, 2020. 39,328 LTIP Units are fully vested as of the issuance date, and 21,784 LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F5 · price: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F4 · derivative.exercise_date: The LTIP Units were granted to the reporting person by the Board. The LTIP Units were earned by the reporting person based on a performance unit award made in January 2017 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of LTIP Units earned on January 8, 2020. 39,328 LTIP Units are fully vested as of the issuance date, and 21,784 LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F5 · derivative.exercise_date: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F5 · derivative.expiration_date: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

SEC source: 0001179110-20-000515 · edgar.xml · derivative · entry 7

Butcher Benjamin S · CIK 0001517406 · Director · Chairman, CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 680,370

Underlying: Common Stock, par value $0.01 per share · 30,879 shares

Expires not disclosed

F7 · security: The LTIP Units were granted to the reporting person on January 8, 2020 pursuant to the Equity Incentive Plan. The LTIP Units vest on a quarterly basis over a four-year period.

F5 · derivative.exercise_price: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F7 · derivative.exercise_price: The LTIP Units were granted to the reporting person on January 8, 2020 pursuant to the Equity Incentive Plan. The LTIP Units vest on a quarterly basis over a four-year period.

F5 · price: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F7 · price: The LTIP Units were granted to the reporting person on January 8, 2020 pursuant to the Equity Incentive Plan. The LTIP Units vest on a quarterly basis over a four-year period.

F5 · derivative.exercise_date: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F7 · derivative.exercise_date: The LTIP Units were granted to the reporting person on January 8, 2020 pursuant to the Equity Incentive Plan. The LTIP Units vest on a quarterly basis over a four-year period.

F5 · derivative.expiration_date: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

SEC source: 0001179110-20-000515 · edgar.xml · derivative · entry 6

Butcher Benjamin S · CIK 0001517406 · Director · Chairman, CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,320

Underlying: Common Stock, par value $0.01 per share · 95,067 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · security: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F6 · derivative.exercise_price: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F1 · kind: The reporting person converted 88,452 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 88,452 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 95,067 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F2 · kind: The LTIP Units were converted, the OP Units were redeemed and the shares were sold pursuant to an approved Rule 10b5-1 Trading Plan entered into by the reporting person on December 9, 2019 in compliance with the Rule 10b5-1 Guidelines adopted by the Board of Directors of the Issuer (the "Board").

F1 · price: The reporting person converted 88,452 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 88,452 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 95,067 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F6 · price: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F6 · derivative.exercise_date: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F6 · derivative.expiration_date: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

SEC source: 0001179110-20-000515 · edgar.xml · derivative · entry 5

Butcher Benjamin S · CIK 0001517406 · Director · Chairman, CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 104,387

Underlying: Common Stock, par value $0.01 per share · 88,452 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · security: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F6 · derivative.exercise_price: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F1 · kind: The reporting person converted 88,452 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 88,452 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 95,067 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F2 · kind: The LTIP Units were converted, the OP Units were redeemed and the shares were sold pursuant to an approved Rule 10b5-1 Trading Plan entered into by the reporting person on December 9, 2019 in compliance with the Rule 10b5-1 Guidelines adopted by the Board of Directors of the Issuer (the "Board").

F1 · price: The reporting person converted 88,452 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 88,452 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 95,067 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F6 · price: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F6 · derivative.exercise_date: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

F6 · derivative.expiration_date: Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.

SEC source: 0001179110-20-000515 · edgar.xml · derivative · entry 4

Butcher Benjamin S · CIK 0001517406 · Director · Chairman, CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 649,491

Underlying: Common Stock, par value $0.01 per share · 88,452 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · security: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F5 · derivative.exercise_price: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F1 · kind: The reporting person converted 88,452 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 88,452 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 95,067 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F2 · kind: The LTIP Units were converted, the OP Units were redeemed and the shares were sold pursuant to an approved Rule 10b5-1 Trading Plan entered into by the reporting person on December 9, 2019 in compliance with the Rule 10b5-1 Guidelines adopted by the Board of Directors of the Issuer (the "Board").

F1 · price: The reporting person converted 88,452 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 88,452 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 95,067 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F5 · price: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F5 · derivative.exercise_date: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F5 · derivative.expiration_date: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

SEC source: 0001179110-20-000515 · edgar.xml · nonDerivative · entry 3

Butcher Benjamin S · CIK 0001517406 · Director · Chairman, CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 62,088

F2 · kind: The LTIP Units were converted, the OP Units were redeemed and the shares were sold pursuant to an approved Rule 10b5-1 Trading Plan entered into by the reporting person on December 9, 2019 in compliance with the Rule 10b5-1 Guidelines adopted by the Board of Directors of the Issuer (the "Board").

F3 · price: This represents the weighted average sales price. Sales prices range from $31.09 to $31.52. Upon request by the Securities and Exchange Commission (the "SEC"), the Issuer or a stockholder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.

SEC source: 0001179110-20-000515 · edgar.xml · nonDerivative · entry 2

Butcher Benjamin S · CIK 0001517406 · Director · Chairman, CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 157,155

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reporting person converted 88,452 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 88,452 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 95,067 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

F2 · kind: The LTIP Units were converted, the OP Units were redeemed and the shares were sold pursuant to an approved Rule 10b5-1 Trading Plan entered into by the reporting person on December 9, 2019 in compliance with the Rule 10b5-1 Guidelines adopted by the Board of Directors of the Issuer (the "Board").

F1 · price: The reporting person converted 88,452 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 88,452 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 95,067 OP Units. The LTIP Units are convertible into OP Units as they are non-forfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.

SEC source: 0001179110-20-000517 · edgar.xml · derivative · entry 8

King David G · CIK 0001517398 · EVP and Director-Real Estate

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 184,841

Underlying: Common Stock, par value $0.01 per share · 20,062 shares

Expires not disclosed

F4 · security: The LTIP Units were granted to the reporting person by the Board. The LTIP Units were earned by the reporting person based on a performance unit award made in January 2017 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of LTIP Units earned on January 8, 2020. 12,910 LTIP Units are fully vested as of the issuance date and 7,152 LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F4 · derivative.exercise_price: The LTIP Units were granted to the reporting person by the Board. The LTIP Units were earned by the reporting person based on a performance unit award made in January 2017 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of LTIP Units earned on January 8, 2020. 12,910 LTIP Units are fully vested as of the issuance date and 7,152 LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F5 · derivative.exercise_price: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F8 · shares: Represents the number of LTIP Units earned as of December 31, 2019 under the performance unit award made in January 2017.

F4 · price: The LTIP Units were granted to the reporting person by the Board. The LTIP Units were earned by the reporting person based on a performance unit award made in January 2017 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of LTIP Units earned on January 8, 2020. 12,910 LTIP Units are fully vested as of the issuance date and 7,152 LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F5 · price: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F4 · derivative.exercise_date: The LTIP Units were granted to the reporting person by the Board. The LTIP Units were earned by the reporting person based on a performance unit award made in January 2017 pursuant to the Issuer's 2011 Equity Incentive Plan, as amended (the "Equity Incentive Plan"). The reporting person earned 166% of the target number of performance units over a three-year performance period. The Compensation Committee of the Board determined the number of LTIP Units earned on January 8, 2020. 12,910 LTIP Units are fully vested as of the issuance date and 7,152 LTIP Units are subject to forfeiture until December 31, 2020. For more information on the terms of the performance unit award, please see the Issuer's definitive proxy statement filed with the SEC.

F5 · derivative.exercise_date: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.

F5 · derivative.expiration_date: Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.