Robey David 4
4 · QTS Realty Trust, Inc. · Filed Mar 9, 2021
Insider Transaction Report
Form 4
Robey David
Chief Operating Officer
Transactions
- Award
Class A Common Stock
2021-03-05+15,203→ 44,920 total - Award
Class A Common Stock
2021-03-05+5,970→ 29,717 total - Tax Payment
Class A Common Stock
2021-03-05$57.12/sh−2,192$125,207→ 42,728 total
Footnotes (3)
- [F1]On March 5, 2019, the reporting person was granted performance-based restricted share units ("RSUs") eligible to be earned based on Operating Funds From Operations per diluted share of the Issuer over a two-year performance period. The Compensation Committee certified the degree to which the performance measure was achieved, and two-thirds of the RSUs that were earned vested on March 5, 2021 (including 255 dividend equivalent rights accrued thereon) and the remaining one-third RSUs that were earned will vest on March 5, 2022 (including additional dividend equivalent rights to be accrued thereon), subject to continued service.
- [F2]These restricted shares were granted under the QTS Realty Trust, Inc. 2013 Equity Incentive Plan (the "Plan") and vest over three years beginning on the first anniversary of the date of grant and each quarter thereafter.
- [F3]Reflects shares surrendered to the Issuer to satisfy tax withholding obligation in connection with the vesting of restricted shares and restricted share units.