4//SEC Filing
NOVOSEL THOMAS C 4
Accession 0001455863-23-000024
CIK 0001455863other
Filed
Mar 9, 7:00 PM ET
Accepted
Mar 10, 4:26 PM ET
Size
24.4 KB
Accession
0001455863-23-000024
Insider Transaction Report
Form 4
NOVOSEL THOMAS C
See Remarks
Transactions
- Exercise/Conversion
Common Shares of Beneficial Interest
2023-03-08+1,542→ 7,469 total - Exercise/Conversion
Common Shares of Beneficial Interest
2023-03-08+1,325→ 6,401 total - Tax Payment
Common Shares of Beneficial Interest
2023-03-08$29.69/sh−474$14,073→ 5,927 total - Exercise/Conversion
Restricted Stock Units
2023-03-08−1,229→ 1,229 totalExercise: $0.00→ Common Stock (1,229 underlying) - Tax Payment
Common Shares of Beneficial Interest
2023-03-08$29.69/sh−479$14,222→ 6,990 total - Exercise/Conversion
Restricted Stock Units
2023-03-08−1,542→ 1,542 totalExercise: $0.00→ Common Stock (1,542 underlying) - Exercise/Conversion
Common Shares of Beneficial Interest
2023-03-08+1,229→ 8,219 total - Tax Payment
Common Shares of Beneficial Interest
2023-03-08$29.69/sh−440$13,064→ 7,779 total - Exercise/Conversion
Restricted Stock Units
2023-03-08−1,325→ 0 totalExercise: $0.00→ Common Shares of Beneficial Interest (1,325 underlying) - Award
Restricted Stock Units
2023-03-08+4,210→ 4,210 totalExercise: $0.00→ Common Stock (4,210 underlying) - Award
Performance OP Profits Units
2023-03-08+4,210→ 4,210 totalExercise: $0.00→ Common Stock (4,210 underlying)
Footnotes (6)
- [F1]Each restricted stock unit ("RSU") represents the right to acquire one share of Americold Realty Trust, Inc. common stock. The RSU's vested one-third on each of March 8, 2021 and 2022 and 2023.
- [F2]Each restricted stock unit ("RSU") represents the right to acquire one common share of Americold Realty Trust. The RSU's will vest ratably on March 8, 2024, 2025 and 2026. The RSUs were issued to the reporting person pursuant to the Americold Realty Trust 2017 Equity Incentive Plan.
- [F3]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, 2023 - Dec 31, 2025). 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. The Performance OP Profits Units were issued to the reporting person pursuant to the Americold Realty Trust 2017 Equity Plan.
- [F4]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, at the election of the holder, be presented for redemption for cash equal to the then fair market value of a share of Americold Realty Trust, Inc. (the "Company") common stock (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested Performance OP Profits Units into Common Units and redeem Common Units have no expiration dates.
- [F5]Each restricted stock unit ("RSU") represents the right to acquire one common share of Americold Realty Trust. The RSU's vested one-third on March 8, 2023 and the remainder will vest ratably on March 8, 2024 and 2025.
- [F6]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, 2022, and 2023 and the remainder will vest on March 8, 2024.
Documents
Issuer
AMERICOLD REALTY TRUST
CIK 0001455863
Entity typeother
Related Parties
1- filerCIK 0001229401
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 7:00 PM ET
- Accepted
- Mar 10, 4:26 PM ET
- Size
- 24.4 KB