BARTER JOHN W 4
4 · QTS Realty Trust, Inc. · Filed Mar 24, 2021
Insider Transaction Report
Form 4
BARTER JOHN W
Director
Transactions
- Conversion
Class A Common Stock
2021-03-22+2,761→ 23,458 total - Sale
Class A Common Stock
2021-03-22$63.01/sh−2,761$173,971→ 12,697 total - Sale
Class A Common Stock
2021-03-23$63.01/sh−1,239$78,066→ 12,697 total - Exercise/Conversion
Stock Option (Right to Buy)
2021-03-22$21.00/sh−8,000$168,000→ 6,985 totalExercise: $21.00From: 2014-10-15Exp: 2023-10-15→ Class A Common Stock (8,000 underlying) - Sale
Class A Common Stock
2021-03-22$63.01/sh−8,000$504,081→ 15,458 total - Exercise/Conversion
Class A Common Stock
2021-03-22$21.00/sh+8,000$168,000→ 20,697 total - Conversion
Class A Common Stock
2021-03-23+1,239→ 13,936 total - Conversion
Class A units of Operating Partnership
2021-03-22−2,761→ 5,239 total→ Class A Common Stock (2,761 underlying) - Conversion
Class A units of Operating Partnership
2021-03-23−1,239→ 4,000 total→ Class A Common Stock (1,239 underlying)
Footnotes (6)
- [F1]8,000 shares of Class A common stock were acquired upon Mr. Barter's exercise of options to purchase shares of Class A common stock, granted on October 15, 2013 under the QTS Realty Trust, Inc. 2013 Equity Compensation Plan. The options vested on October 15, 2014.
- [F2]2,761 shares of Class A common stock were acquired upon Mr. Barter's redemption of 2,761 Class A units of the Operating Partnership. Class A units are redeemable for cash or, at the operating partnership's election, shares of the Company's Class A common stock on a one-for-one basis, beginning November 1, 2014, which was one year following the beginning of the first full calendar month following the closing of the Company's initial public offering.
- [F3]This transaction was executed in multiple trades at prices ranging from $63.00 and $63.06, inclusive; the price reported above reflects the weighted average sale price. The reporting person undertakes to provide to QTS Realty Trust, Inc., any security holder of QTS Realty Trust, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Footnote.
- [F4]1,239 shares of Class A common stock were acquired upon Mr. Barter's redemption of 1,239 Class A units of the Operating Partnership. Class A units are redeemable for cash or, at the operating partnership's election, shares of the Company's Class A common stock on a one-for-one basis, beginning November 1, 2014, which was one year following the beginning of the first full calendar month following the closing of the Company's initial public offering.
- [F5]This transaction was executed in multiple trades at prices ranging from $63.00 and $63.025, inclusive; the price reported above reflects the weighted average sale price. The reporting person undertakes to provide to QTS Realty Trust, Inc., any security holder of QTS Realty Trust, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Footnote.
- [F6]Class A units are redeemable for cash or, at the operating partnership's election, shares of the Company's Class A common stock on a one-for-one basis, beginning November 1, 2014, which was one year following the beginning of the first full calendar month following the closing of the Company's initial public offering.