<SEC-DOCUMENT>0001179110-14-014502.txt : 20140925
<SEC-HEADER>0001179110-14-014502.hdr.sgml : 20140925
<ACCEPTANCE-DATETIME>20140925155648
ACCESSION NUMBER:		0001179110-14-014502
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20140923
FILED AS OF DATE:		20140925
DATE AS OF CHANGE:		20140925

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STAG Industrial, Inc.
		CENTRAL INDEX KEY:			0001479094
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				273099608
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		ONE FEDERAL STREET
		STREET 2:		23RD FLOOR
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		(617)574-4777

	MAIL ADDRESS:	
		STREET 1:		ONE FEDERAL STREET
		STREET 2:		23RD FLOOR
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	STAG Industrial REIT, Inc.
		DATE OF NAME CHANGE:	20091218

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Arnone Kathryn
		CENTRAL INDEX KEY:			0001517416

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34907
		FILM NUMBER:		141120681

	MAIL ADDRESS:	
		STREET 1:		99 HIGH STREET 28TH FLOOR
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2014-09-23</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001479094</issuerCik>
        <issuerName>STAG Industrial, Inc.</issuerName>
        <issuerTradingSymbol>STAG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001517416</rptOwnerCik>
            <rptOwnerName>Arnone Kathryn</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O STAG INDUSTRIAL, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>ONE FEDERAL STREET, 23RD FLOOR</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02110</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>EVP and General Counsel</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>LTIP Units</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2014-09-23</value>
                <footnoteId id="F2"/>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>50855</value>
                    <footnoteId id="F3"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, par value $0.01 per share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>50855</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>151493</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">These long-term incentive plan units (&quot;LTIP Units&quot;) of STAG Industrial Operating Partnership, L.P. (&quot;Operating Partnership&quot;) are fully vested as of date of grant.  Over time, the LTIP Units can achieve full parity with the common units of limited partnership of the Operating Partnership (&quot;OP Units&quot;) for all purposes.  If such parity is reached, the 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 STAG Industrial, Inc. (the &quot;Issuer&quot;) 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.</footnote>
        <footnote id="F2">Pursuant to the terms of the Issuer's 2011 Outperformance Program (the &quot;Program&quot;), the LTIP Units referenced in this Form 4 were &quot;earned&quot; upon the achievement of performance hurdles as of September 19, 2014, subject to a determination by the Compensation Committee of the Board of Directors (the &quot;Compensation Committee&quot;) of the Issuer that such hurdles were met. The determination that these performance hurdles were met was made by the Compensation Committee on September 23, 2014.</footnote>
        <footnote id="F3">Represents the number of LTIP Units earned as of September 23, 2014, based upon certain performance hurdles having been met by the Issuer and the percentage of the reporting person's interest in the outperformance pool established by the Issuer under the Program.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Kathryn Arnone, Attorney-in-Fact</signatureName>
        <signatureDate>2014-09-25</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
