4//SEC Filing
Johnson Wayne 4
Accession 0001461590-25-000002
CIK 0001585389other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 8:26 PM ET
Size
14.7 KB
Accession
0001461590-25-000002
Insider Transaction Report
Form 4
Johnson Wayne
President and CIO
Transactions
- Award
Long-Term Incentive Plan Units
2025-03-17+17,728→ 82,568.54 totalExercise: $0.00→ Class A Common Stock (17,728 underlying) - Award
Long-Term Incentive Plan Units
2025-03-17+17,997→ 107,358.11 totalExercise: $0.00→ Class A Common Stock (17,997 underlying) - Award
Long-Term Incentive Plan Units
2025-03-13+5,216.24→ 64,840.54 totalExercise: $0.00→ Class A Common Stock (5,216.24 underlying)
Holdings
- 23,452.16
Class A Common Stock
- 495,063
Class A-1 Units
Exercise: $0.00→ Class A Common Stock (495,063 underlying)
Footnotes (8)
- [F1]Represents 23,452.16 shares of Class A Common 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 LTIP Units previously reported as being owned by the Reporting Person, which LTIP Units were subject to vesting based on the achievement of specified performance measures. Such LTIP Units were reported at 200% of the target number of LTIP Units to be issued upon vesting, or 10,432.47 LTIP Units, on February 4, 2022. The actual number of LTIP Units to be issued upon vesting could range from 0% to 100% of the number of LTIP Units reported based on the actual performance measure achieved. On March 13, 2025, the Compensation Committee of the Issuer's Board of Directors determined that a performance measure had been achieved such that 50% of the number of LTIP Units previously reported, or 5,216.24 LTIP Units, were earned.
- [F4]Excludes 5,216.23 LTIP Units previously reported as being owned by the Reporting Person that did not vest, as described in Footnote 3.
- [F5]Represents 17,997 LTIP Units issued to the Reporting Person pursuant to the Issuer's incentive plan, which LTIP Units vest ratably over four years commencing on December 31, 2025, subject to the Reporting Person's continued employment or service through each vesting date.
- [F6]Represents 17,728 LTIP Units issued to the Reporting Person pursuant to the Issuer's incentive plan, 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, the LTIP Units, as adjusted, will vest no later than March 31, 2028.
- [F7]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.
- [F8]Represents 495,063 Class A-1 Units previously reported as being owned by the Reporting Person.
Documents
Issuer
SmartStop Self Storage REIT, Inc.
CIK 0001585389
Entity typeother
Related Parties
1- filerCIK 0001461590
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 8:26 PM ET
- Size
- 14.7 KB