4//SEC Filing
CoreSite Realty Corp 4
Accession 0001209191-17-019991
CIK 0001490892operating
Filed
Mar 9, 7:00 PM ET
Accepted
Mar 10, 8:04 PM ET
Size
17.4 KB
Accession
0001209191-17-019991
Insider Transaction Report
Form 4
Tobin Dominic M.
SVP, Operations
Transactions
- Award
Common Stock
2017-03-08+2,857→ 41,842 total - Award
Common Stock
2017-03-08+3,334→ 45,176 total - Exercise/Conversion
Common Stock
2017-03-08$23.99/sh+2,742$65,781→ 47,918 total - Sale
Common Stock
2017-03-08$87.07/sh−7,756$675,315→ 45,176 total - Exercise/Conversion
Common Stock
2017-03-08$32.40/sh+5,014$162,454→ 52,932 total - Exercise/Conversion
Stock Option (Right to Buy)
2017-03-08−2,742→ 0 totalExercise: $23.99Exp: 2022-04-05→ Common Stock (2,742 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2017-03-08−5,014→ 0 totalExercise: $32.40Exp: 2023-02-28→ Common Stock (5,041 underlying)
Footnotes (5)
- [F1]Represents restricted stock granted under the issuer's 2010 Equity Incentive Award Plan. The restricted stock vests in three equal annual installments beginning on March 8, 2018, provided that the reporting person remains employed by the issuer as of each vesting date.
- [F2]Represents performance-based restricted shares ("PSAs") granted under the issuer's 2010 Equity Incentive Award Plan. The number of PSAs earned is based on the issuer's achievement of relative total shareholder return ("TSR") measured versus the MSCI US REIT Index over a three-year performance period ending December 31, 2019, and the number of shares earned may range from 25% to 175%. The PSAs are earned as follows: (i) 20% of the PSAs are earned upon TSR achievement in year one of the performance period, (ii) 20% of the PSAs are earned upon TSR achievement in year two of the performance period, (iii) 20% of the PSAs are earned upon TSR achievement in year three of the performance period, and (iv) 40% of the PSAs are earned upon a cumulative TSR achievement over the three-year performance period, subject to the reporting person's continued employment with the issuer at the end of the three-year performance period. The PSAs are granted and issued at 175% of the target amount.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $87.00 to $87.41, inclusive. The reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The stock options vest in four equal annual installments beginning on April 5, 2013, provided that the reporting person remains in continuous service with the issuer as of each vesting date.
- [F5]The stock options vest in four equal annual installments beginning on February 28, 2014, provided that the reporting person remains in continuous service with the issuer as of each vesting date.
Documents
Issuer
CoreSite Realty Corp
CIK 0001490892
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001490892
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 7:00 PM ET
- Accepted
- Mar 10, 8:04 PM ET
- Size
- 17.4 KB