4//SEC Filing
McClure Michael 4
Accession 0001462215-20-000001
CIK 0001585389other
Filed
Apr 23, 8:00 PM ET
Accepted
Apr 24, 2:51 PM ET
Size
10.0 KB
Accession
0001462215-20-000001
Insider Transaction Report
Form 4
McClure Michael
Executive VP,CFO and Treasurer
Transactions
- Award
Long-Term Incentive Plan Units
2020-04-22+53,630.4→ 53,630.4 total(indirect: By Trust)Exercise: $0.00→ Class A Common Stock (53,630.4 underlying) - Award
Long-Term Incentive Plan Units
2020-04-22+35,753.6→ 35,753.6 total(indirect: By Trust)Exercise: $0.00→ Class A Common Stock (35,753.6 underlying)
Holdings
- 60,975.61
Class A Common Stock
Footnotes (4)
- [F1]Represents 60,975.61 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 common units of the Operating Partnership ("Common Units"). 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 53,630.40 LTIP Units issued to the Reporting Person pursuant to the Issuer's Employee and Director Long-Term Incentive Plan, which LTIP Units vest ratably over four years commencing on December 31, 2020, subject to the Reporting Person's continued employment or service through each vesting date.
- [F4]Represents 35,753.60 LTIP Units issued to the Reporting Person pursuant to the Issuer's Employee and Director Long-Term 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, 2023.
Documents
Issuer
SmartStop Self Storage REIT, Inc.
CIK 0001585389
Entity typeother
Related Parties
1- filerCIK 0001462215
Filing Metadata
- Form type
- 4
- Filed
- Apr 23, 8:00 PM ET
- Accepted
- Apr 24, 2:51 PM ET
- Size
- 10.0 KB