4//SEC Filing
Warren J. Timothy 4
Accession 0001618563-20-000063
CIK 0001618563other
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 7:58 PM ET
Size
7.7 KB
Accession
0001618563-20-000063
Insider Transaction Report
Form 4
Warren J. Timothy
Director
Transactions
- Award
Class A OP Units
2020-04-24$28.32/sh+15,512$439,300→ 1,840,127 total(indirect: See Footnote)→ Common shares of beneficial interest, $0.01 par value (15,512 underlying)
Footnotes (4)
- [F1]Beginning after April 24, 2021, the Reporting Person will have the right to cause NSA OP, LP (the "Partnership") to redeem all or a portion of the Reporting Person's Class A common units of limited partner interest (the "Class A OP Units") of the Partnership reported in this Form 4 for cash in an amount equal to the market value of an equivalent number of common shares of beneficial interest, $.01 par value ("Common Shares") of National Storage Affiliates Trust (the "Issuer"), or at the Issuer's option, Common Shares on a one-for-one basis, subject to certain adjustments.
- [F2]Represents the Reporting Person's proportionate interest in Class A OP Units issued to NWSS Silverton Rd Storage LLC ("Silverton Road"). Following receipt of such units from the Partnership on April 24, 2020, Silverton Road made a pro rata distribution on the same day of such units to its members, including 15,512 Class A OP Units to JHJ Properties LLC, an entity in which the Reporting Person has or shares voting and/or investment power. This filing shall not be deemed to be an admission that the Reporting Person is the beneficial owner of any of the securities reported herein, and the Reporting Person disclaims beneficial ownership of such securities except to the extent of the Reporting Person's pecuniary interest therein.
- [F3]N/A
- [F4]The Reporting Person's total direct and indirect beneficial ownership of Class A OP Units following the transaction reported in the table above is 1,840,127 Class A OP Units, which includes those Class A OP Units previously reported and the Class A OP Units reported herein (together with those securities convertible into, or exchangeable for, such Class A OP Units as specified in such previous reports). The 1,840,127 Class A OP Units do not include derivative securities of other classes or non-derivative securities of the Reporting Person that were previously reported.
Documents
Issuer
National Storage Affiliates Trust
CIK 0001618563
Entity typeother
Related Parties
1- filerCIK 0001777515
Filing Metadata
- Form type
- 4
- Filed
- Apr 27, 8:00 PM ET
- Accepted
- Apr 28, 7:58 PM ET
- Size
- 7.7 KB