4//SEC Filing
Schwartz H. Michael 4
Accession 0001462216-21-000003
CIK 0001585389other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 2:43 PM ET
Size
13.0 KB
Accession
0001462216-21-000003
Insider Transaction Report
Form 4
Schwartz H. Michael
DirectorChief Executive Officer
Transactions
- Award
Class A Common Units
2017-02-01+483,197→ 483,197 total(indirect: See Footnote 2.)Exercise: $0.00→ Class A Common Stock (483,197 underlying) - Award
Class A Common Units
2019-01-24+396,000→ 396,073 total(indirect: See Footnote 4.)Exercise: $0.00→ Class A Common Stock (396,000 underlying) - Other
Class A Common Units
2019-06-28−9,900→ 386,173 total(indirect: See Footnote 5.)Exercise: $0.00→ Class A Common Stock (9,900 underlying)
Footnotes (5)
- [F1]Represents Class A common units ("Class A Common Units") of SmartStop OP, L.P., the Issuer's operating partnership (the "Operating Partnership"). 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.
- [F2]On February 1, 2017, the Issuer, the Operating Partnership, SST II Toronto Acquisition, LLC, and Strategic Storage Toronto Properties REIT, Inc. ("SS Toronto") entered into an agreement and plan of merger (the "Toronto Merger Agreement") whereby SS Toronto became a wholly-owned subsidiary of the Operating Partnership (the "Toronto Merger"). Pursuant to the Toronto Merger Agreement, the holders of SS Toronto common stock, Strategic 1031, LLC ("Strategic 1031") and SS Toronto REIT Advisors, LLC ("SS Toronto REIT Advisors"), received approximately 483,197 Class A Common Units and $7,300,000 in cash in exchange for their shares of SS Toronto common stock. 483,124 of such Class A Common Units were issued to Strategic 1031, and 73 of such Class A Common Units were issued to SS Toronto REIT Advisors. Strategic 1031 and SS Toronto REIT Advisors are each indirectly owned and controlled by the Reporting Person.
- [F3]On October 1, 2018, Strategic 1031 exchanged 483,124 Class A Common Units for 483,124 shares of Class A Common Stock. The 483,124 shares of Class A Common Stock have previously been reported as being owned by the Reporting Person.
- [F4]On January 24, 2019, the Issuer, the Operating Partnership, SST II Growth Acquisition, LLC ("SSGT Merger Sub"), Strategic Storage Growth Trust, Inc. ("SSGT"), and SS Growth Operating Partnership, L.P. ("SSGT OP") entered into an agreement and plan of merger (the "SSGT Merger Agreement") whereby SSGT merged with and into SSGT Merger Sub and SSGT OP merged with and into the Operating Partnership. Pursuant to the SSGT Merger Agreement, the holders of SSGT OP units of partnership interest ("SSGT OP Units"), including SS Growth Advisor, LLC ("SS Growth Advisor"), received approximately 1.127 Class A Common Units per SSGT OP Unit held. As a result, 396,000 Class A Common Units were issued to SS Growth Advisor. SS Growth Advisor is indirectly owned and controlled by the Reporting Person.
- [F5]On June 28, 2019, SS Growth Advisor conveyed an aggregate of 9,900 Class A Common Units and a sum of cash to two individuals in exchange for such individuals' collective 2.5% non-voting membership interests in SS Growth Advisor.
Documents
Issuer
SmartStop Self Storage REIT, Inc.
CIK 0001585389
Entity typeother
Related Parties
1- filerCIK 0001462216
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 2:43 PM ET
- Size
- 13.0 KB