4//SEC Filing
Johnson Wayne 4
Accession 0001461590-21-000002
CIK 0001585389other
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 9:05 PM ET
Size
10.8 KB
Accession
0001461590-21-000002
Insider Transaction Report
Form 4
Johnson Wayne
President and CIO
Transactions
- Other
Class A-1 Units
2021-12-09+495,063→ 495,063 totalExercise: $0.00→ Class A Common Stock (495,063 underlying)
Holdings
- 23,452.16
Class A Common Stock
- 40,788.4
Long-Term Incentive Plan Units
Exercise: $0.00→ Class A Common Stock (40,788.4 underlying) - 27,192.3
Long-Term Incentive Plan Units
Exercise: $0.00→ Class A Common Stock (27,192.3 underlying)
Footnotes (6)
- [F1]Represents 23,452.16 shares of restricted stock previously reported as being owned by the Reporting Person.
- [F2]Represents long-term incentive plan units ("LTIP Units") of SmartStop OP, L.P., the Issuer's operating partnership (the "Operating Partnership"). Vested LTIP Units are convertible into Class A common units of the Operating Partnership ("Class A Common Units"). Class A Common Units are redeemable by the holder for, at the election of the Issuer, shares of Class A Common Stock of the Issuer on a one-for-one basis or the cash value of such shares.
- [F3]Represents 40,788.4 LTIP Units previously reported as being owned by the Reporting Person. The LTIP Units vest ratably over a four-year period commencing on December 31 of the year of grant, subject to the Reporting Person's continued employment or service through each vesting date. 20,627.1 LTIP Units were granted on April 22, 2020, and 20,161.3 LTIP Units were granted on April 19, 2021.
- [F4]Represents 27,192.3 LTIP Units previously reported as being owned by the Reporting Person, which number is equal to 200% of the target number of LTIP Units to be issued upon vesting. The actual number of LTIP Units to be issued upon vesting can range from 0% to 100% of the number of LTIP Units reported, based on achievement of specified performance measures. Assuming the achievement of the specified performance measures, 13,751.4 LTIP Units, as adjusted, will vest no later than March 31, 2023, and 13,440.9 LTIP Units, as adjusted, will vest no later than March 31, 2024.
- [F5]Represents Class A-1 limited partnership units ("Class A-1 Units") of the Operating Partnership. Class A-1 Units are redeemable by the holder for, at the election of the Issuer, shares of Class A Common Stock of the Issuer on a one-for-one basis or the cash value of such shares.
- [F6]On December 9, 2021, the Reporting Person acquired 495,063 Class A-1 Units from SS Asset Management Holdings, LLC ("SSAMH"), in exchange for the complete redemption of the Reporting Person's equity interests in SSAMH.
Documents
Issuer
SmartStop Self Storage REIT, Inc.
CIK 0001585389
Entity typeother
Related Parties
1- filerCIK 0001461590
Filing Metadata
- Form type
- 4
- Filed
- Dec 8, 7:00 PM ET
- Accepted
- Dec 9, 9:05 PM ET
- Size
- 10.8 KB