Gladstone Land Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Subsequent Events (Tables)

Subsequent Events (Tables)

12 Months Ended

Dec. 31, 2023

The following table provides information on equity sales that have occurred subsequent to December 31, 2023 (dollars in thousands, except per-share amounts):


Type of Issuance	Number of Shares Sold	Weighted Average Offering Price Per Share		Gross Proceeds		Net Proceeds(1)
Series E Preferred Stock	10,340	$	25.00	$	259	$	233

(1)Net of Selling Commissions and Dealer-Manager Fees or underwriting discounts and commissions (in each case, as applicable).

Monthly Distributions Declared by Company's Board of Directors

On January 9, 2024, our Board of Directors authorized and we declared the following monthly cash distributions to holders of our preferred and common stock:


Issuance	Record Date	Payment Date	Distribution per Share
Series B Preferred Stock:	January 23, 2024	January 31, 2024	$	0.125
	February 21, 2024	February 29, 2024	0.125
	March 21, 2024	March 29, 2024	0.125
Total Series B Preferred Stock Distributions:			$	0.375

Series C Preferred Stock:	January 23, 2024	January 31, 2024	$	0.125
	February 21, 2024	February 29, 2024	0.125
	March 21, 2024	March 29, 2024	0.125
Total Series C Preferred Stock Distributions:			$	0.375

Series D Term Preferred Stock:	January 23, 2024	January 31, 2024	$	0.104167
	February 21, 2024	February 29, 2024	0.104167
	March 21, 2024	March 29, 2024	0.104167
Total Series D Term Preferred Stock Distributions:			$	0.312501

Series E Preferred Stock:	January 25, 2024	February 5, 2024	$	0.104167
	February 27, 2024	March 5, 2024	0.104167
	March 26, 2024	April 5, 2024	0.104167
Total Series E Preferred Stock Distributions:			$	0.312501

Common Stock(1):	January 23, 2024	January 31, 2024	$	0.0465
	February 21, 2024	February 29, 2024	0.0465
	March 21, 2024	March 29, 2024	0.0465
Total Common Stock Distributions:			$	0.1395

(1)The same amounts paid to common stockholders will be paid as distributions on each OP Unit held by non-controlling OP Unitholders as of the above record dates.

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

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+ Details