SEC Form 5 · accession 0000900199-15-000001
GLADSTONE LAND Corp · LAND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Gladstone
Officer — President and CEO · Director · 10% Owner
Period of report
Dec 31, 2014
Accepted (ET)
Jan 22, 2015 · 4:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001495240
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 17, 2014 | G | 148,400 | $0.00 | D | 1,867,933 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Gladstone gave the shares to his foundation, The David and Lorna Gladstone Foundation, and the foundation is controlled by Mr. Gladstone and his wife, and does not intend to sell the shares, but rather will use the substantial cash dividend as money to give to charities.