4//SEC Filing
Nordhagen Arlen Dale 4
Accession 0001628280-24-031086
CIK 0001618563other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 4:01 PM ET
Size
7.5 KB
Accession
0001628280-24-031086
Insider Transaction Report
Form 4
Nordhagen Arlen Dale
DirectorVice Chairperson
Transactions
- Purchase
Class A OP Units
2024-07-01+64,887→ 2,558,141 total→ Common shares of beneficial interest, $0.01 par value (64,887 underlying)
Footnotes (5)
- [F1]In connection with the internalization of the participating regional operator ("PRO") structure of NSA OP, LP (the "Partnership"), the operating partnership of National Storage Affiliates Trust (the "Issuer"), the Reporting Person received 64,887 Class A common units of limited partner interest of the Partnership ("Class A OP Units") from Personal Mini Storage, a PRO, in which the Reporting Person had a non-controlling, minority ownership interest.
- [F2]Pursuant to the agreement of limited partnership (the "Partnership Agreement") of the Partnership, the Reporting Person has the right to cause the Partnership to redeem all or a portion of the Reporting Person's Class A OP Units for cash in an amount equal to the market value of an equivalent number of the common shares of beneficial interest ("Shares") of the Issuer, or at the Issuer's option, Shares on a one-for-one basis, subject to certain adjustments.
- [F3]N/A
- [F4]The Reporting Person's total direct and indirect beneficial ownership of Class A OP Units following the reported transactions is 2,558,141, 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 therein).
- [F5]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.
Documents
Issuer
National Storage Affiliates Trust
CIK 0001618563
Entity typeother
Related Parties
1- filerCIK 0001639326
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 4:01 PM ET
- Size
- 7.5 KB