4//SEC Filing
SOVRAN SELF STORAGE INC 4
Accession 0001210099-15-000017
CIK 0000944314operating
Filed
May 25, 8:00 PM ET
Accepted
May 26, 11:44 AM ET
Size
9.7 KB
Accession
0001210099-15-000017
Insider Transaction Report
Form 4
LANNON CHARLES E
Director
Transactions
- Award
Common Stock
2015-05-21+349→ 114,588 total - Award
Director's stock option (right to buy)
2015-05-21+2,000→ 2,000 totalExercise: $91.58From: 2015-05-21Exp: 2025-05-21→ Common Stock (2,000 underlying) - Award
Common Stock unit
2015-05-21+1,392.33→ 18,626.47 totalExercise: $0.00From: 2015-05-21→ Common Stock (1,392.33 underlying)
Footnotes (4)
- [F1]The exercise period of the stock options is the later of 10 years or one year following the date on which the outside director ceases to serve as a director of the Company.
- [F2]Stock options granted without costs in connection with service as an outside director.
- [F3]The Units have no expiration date but will be converted into common shares and distributed at the earlier of the Directors election or within ten days of the cessation of the Directors service as a Director.
- [F4]Phantom shares of common stock (Units) acquired in lieu of directors fees pursuant to the Sovran Self Storage, Inc. Deferred Compensation Plan for Directors. The number of Units was determined by dividing the amount of compensation otherwise payable by the closing price of the Companys Common Stock on May 20, 2015, $92.00.
Documents
Issuer
SOVRAN SELF STORAGE INC
CIK 0000944314
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000944314
Filing Metadata
- Form type
- 4
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 11:44 AM ET
- Size
- 9.7 KB