4//SEC Filing
Font Juan 4
Accession 0001209191-20-019773
CIK 0001490892other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 6:58 PM ET
Size
10.0 KB
Accession
0001209191-20-019773
Insider Transaction Report
Form 4
Font Juan
SVP, General Management
Transactions
- Sale
Common Stock
2020-03-17$108.04/sh−636$68,713→ 27,829 total - Award
Common Stock
2020-03-15+3,261→ 24,660 total - Award
Common Stock
2020-03-15+3,805→ 28,465 total
Footnotes (5)
- [F1]Represents restricted stock granted under the issuer's 2010 Equity Incentive Award Plan (the "2010 Plan"). The restricted stock vests in three equal annual installments beginning on March 15, 2021, provided that the reporting person remains in continuous service with the issuer as of each vesting date.
- [F2]Represents performance-based restricted shares ("PSAs") granted under the 2010 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, 2022, 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 service 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 shares were sold pursuant to a sales plan adopted by the reporting person and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
- [F4]Represents shares sold by the reporting person to cover tax obligations upon the vesting of restricted stock.
- [F5]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $107.82 to $108.41, 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 ranges set forth in this footnote.
Documents
Issuer
CoreSite Realty Corp
CIK 0001490892
Entity typeother
Related Parties
1- filerCIK 0001733553
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 6:58 PM ET
- Size
- 10.0 KB