4//SEC Filing
Westhead Stephen E. 4
Accession 0001562180-21-005757
CIK 0001577368other
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 4:11 PM ET
Size
20.9 KB
Accession
0001562180-21-005757
Insider Transaction Report
Form 4
Westhead Stephen E.
Director
Transactions
- Disposition to Issuer
Employee stock option (right to buy)
2021-08-31$35.99/sh−10,578$380,702→ 0 totalExercise: $42.01Exp: 2029-03-05→ Class A common stock (10,578 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2021-08-31$18.94/sh−7,043$133,394→ 0 totalExercise: $59.06Exp: 2031-03-05→ Class A Common Stock (7,043 underlying) - Disposition to Issuer
Employee stock option (right to buy)
2021-08-31$27.34/sh−9,643$263,640→ 0 totalExercise: $50.66Exp: 2027-03-07→ Class A common stock (9,643 underlying) - Disposition to Issuer
Class A Common Stock
2021-08-31−9,682→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2021-08-31$21.16/sh−8,557$181,066→ 0 totalExercise: $56.84Exp: 2030-03-06→ Class A Common Stock (8,557 underlying) - Disposition to Issuer
Employee stock option (right to buy)
2021-08-31$32.22/sh−5,289$170,412→ 0 totalExercise: $45.78Exp: 2026-03-02→ Class A Common Stock (5,289 underlying) - Disposition to Issuer
Employee stock option (right to buy)
2021-08-31$43.97/sh−10,239$450,209→ 0 totalExercise: $34.03Exp: 2028-03-07→ Class A common stock (10,239 underlying)
Footnotes (7)
- [F1]Includes Class A common stock and deferred share units ("DSUs") granted under the QTS Realty Trust, Inc. 2013 Equity Incentive Plan (the "Plan") that represented the contingent right to receive one share of Class A common stock and vesting of the DSU one year after the date of grant. Each DSU (and any accrued dividend equivalents related thereto) vested in connection with the Merger (as defined herein). All Class A common stock was disposed of, and vested DSUs were cancelled, pursuant to the merger of the Issuer with and into Volt Lower Holdings LLC (the "Merger") pursuant to the terms of the Agreement and Plan of Merger, dated as of June 7, 2021, among the Issuer, QualityTech, LP (the "Operating Partnership"), Volt Upper Holdings LLC, Volt Lower Holdings LLC, and Volt Acquisition LP (the "Merger Agreement") in exchange for $78.00 in cash per share (or share under such DSU), without interest, less any applicable withholding.
- [F2]These options to purchase shares of Class A common stock were granted under the Plan and vest one year after the date of grant. Each option was canceled in the Merger in exchange for a cash payment of $18.94, representing the difference between the exercise price of the option and $78.00, less any applicable income and employment withholding taxes.
- [F3]These options to purchase shares of Class A common stock were granted under the Plan and vest one year after the date of grant. Each option was canceled in the Merger in exchange for a cash payment of $21.16, representing the difference between the exercise price of the option and $78.00, less any applicable income and employment withholding taxes.
- [F4]These options to purchase shares of Class A common stock were granted under the Plan and vest one year after the date of grant. Each option was canceled in the Merger in exchange for a cash payment of $27.34, representing the difference between the exercise price of the option and $78.00, less any applicable income and employment withholding taxes.
- [F5]These options to purchase shares of Class A common stock were granted under the Plan and vest one year after the date of grant. Each option was canceled in the Merger in exchange for a cash payment of $32.22, representing the difference between the exercise price of the option and $78.00, less any applicable income and employment withholding taxes.
- [F6]These options to purchase shares of Class A common stock were granted under the Plan and vest one year after the date of grant. Each option was canceled in the Merger in exchange for a cash payment of $35.99, representing the difference between the exercise price of the option and $78.00, less any applicable income and employment withholding taxes.
- [F7]These options to purchase shares of Class A common stock were granted under the Plan and vest one year after the date of grant. Each option was canceled in the Merger in exchange for a cash payment of $43.97, representing the difference between the exercise price of the option and $78.00, less any applicable income and employment withholding taxes.
Documents
Issuer
QTS Realty Trust, Inc.
CIK 0001577368
Entity typeother
Related Parties
1- filerCIK 0001587365
Filing Metadata
- Form type
- 4
- Filed
- Sep 1, 8:00 PM ET
- Accepted
- Sep 2, 4:11 PM ET
- Size
- 20.9 KB