SOVRAN SELF STORAGE INC 4
4 · SOVRAN SELF STORAGE INC · Filed Dec 19, 2013
Insider Transaction Report
Form 4
Powell Paul T
EVP of Real Estate Investment
Transactions
- Award
Common Stock
2013-12-18+8,462→ 34,527 total - Award
Common Stock
2013-12-18+4,231→ 26,065 total
Footnotes (2)
- [F1]Time-based restricted stock award that vests over a three year period.
- [F2]Performance-based restricted stock award that vests based upon the Company's relative total shareholder return over a 3 year period as compared to a defined peer group. No shares will vest if threshold performance is not achieved. Provided threshold performance is achieved, an applicable percentage of the shares between 25% and 100% will vest, with 25% of the shares vesting based upon threshold performance, 50% of the shares vesting upon target performance and 100% of the shares vesting upon maximum performance.