Item 5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 1, 2013, the Compensation Committee of the Board of Directors of STAG Industrial, Inc. (the "Company"), after review of the Company's and the officers' 2012 performance, increased the annual base salaries of Benjamin S. Butcher, the Company's Chief Executive Officer and President, Gregory W. Sullivan, the Company's Chief Financial Officer and Executive Vice President, Stephen C. Mecke, the Company's Chief Operating Officer and Executive Vice President, Kathryn Arnone, the Company's Executive Vice President, General Counsel and Secretary, and David G. King, the Company's Executive Vice President and Director of Real Estate Operations, to $500,000, $300,000, $300,000, $275,000 and $265,000, respectively, effective January 1, 2013.

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