4//SEC Filing
Harron James Andrew 4
Accession 0001455863-22-000021
CIK 0001455863other
Filed
Mar 9, 7:00 PM ET
Accepted
Mar 10, 4:27 PM ET
Size
21.3 KB
Accession
0001455863-22-000021
Insider Transaction Report
Form 4
Harron James Andrew
See Remarks
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-03-08−1,530→ 0 total→ Common Shares of Beneficial Interest (1,530 underlying) - Award
Restricted Stock Units
2022-03-08+6,939→ 6,939 total→ Common Shares of Beneficial Interest (6,939 underlying) - Exercise/Conversion
Common Shares of Beneficial Interest
2022-03-08+1,843→ 20,157 total - Exercise/Conversion
Common Shares of Beneficial Interest
2022-03-08+1,530→ 16,833 total - Exercise/Conversion
Restricted Stock Units
2022-03-08−1,843→ 3,688 total→ Common Shares of Beneficial Interest (1,843 underlying) - Award
Performance OP Profits Units
2022-03-08+20,818→ 20,818 total→ Common Shares of Beneficial Interest (20,818 underlying) - Exercise/Conversion
Common Shares of Beneficial Interest
2022-03-08+1,481→ 18,314 total - Tax Payment
Common Shares of Beneficial Interest
2022-03-08$27.02/sh−1,438$38,855→ 18,719 total - Exercise/Conversion
Restricted Stock Units
2022-03-08−1,481→ 1,485 total→ Common Shares of Beneficial Interest (1,481 underlying)
Footnotes (6)
- [F1]Each restricted stock unit ("RSU") represents the right to acquire one common share of Americold Realty Trust. The RSUs vested one-third on each of March 8, 2020, 2021 and 2022.
- [F2]Each restricted stock unit ("RSU") represents the right to acquire one common share of Americold Realty Trust. The RSU's vested one-third on each of March 8, 2021 and 2022 and the remainder will vest on March 8, 2023.
- [F3]Each restricted stock unit ("RSU") represents the right to acquire one common share of Americold Realty Trust. The RSUs vested one-third on March 8, 2022 and the remainder will vest ratably on March 8, 2023 and 2024.
- [F4]Each restricted stock unit ("RSU") represents the right to acquire one common share of Americold Realty Trust. The RSUs will vest ratably on March 8, 2023, 2024 and 2025.
- [F5]Represents performance-based OP Profits Units ("Performance OP Profits Units") of the Operating Partnership. Payout of the Performance OP Profits Units will be determined based upon a comparison of the Company's total shareholder return ("TSR") on a relative basis to the MSCI U.S. REIT Index at the end of the applicable performance period (Jan 1, 2022 - Dec 31, 2024). The Performance OP Profits Units will vest, if at all, at the end of the 3-year period contingent upon the achievement of the pre-established TSR goal.
- [F6]Conditioned upon minimum allocations to the capital accounts of the Performance OP Profits Units for federal income tax purposes, each vested Performance OP Profits Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Operating Partnership (a "Common Unit"). Each Common Unit acquired upon conversion of a vested Performance OP Profits Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a common share of Americold Realty Trust (the "Company") (the "Common Shares"), except that the Company may, at its election, acquire each Common Unit so presented for one Common Share. The rights to convert vested Performance OP Profits Units into Common Units and redeem Common Units have no expiration dates.
Documents
Issuer
AMERICOLD REALTY TRUST
CIK 0001455863
Entity typeother
Related Parties
1- filerCIK 0001753389
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 7:00 PM ET
- Accepted
- Mar 10, 4:27 PM ET
- Size
- 21.3 KB