Koehler Michael R 4
4 · CoreSite Realty Corp · Filed Jul 19, 2021
Insider Transaction Report
Form 4
Koehler Michael R
Director
Transactions
- Award
Restricted Stock Units
2021-07-15+234→ 25,580 total→ Common Stock (234 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit ("RSU") represents the right to receive one share of common stock of the issuer. The reporting person also holds a tandem dividend equivalent for each RSU held, which gives the reporting person the right to receive, upon the payment of any ordinary quarterly cash dividend paid to holders of common stock of the issuer, an equivalent payment in the form of additional RSUs based on the fair market value of the issuer's common stock on the date of payment.
- [F2]Two hundred twenty (220) RSUs vested immediately with the remaining RSUs vesting on the earlier of (a) May 19, 2022 or (b) the day before the issuer's next annual meeting of stockholders. The RSUs are payable upon vesting.
- [F3]The RSUs have no expiration date.