4//SEC Filing
Valle Gerald 4
Accession 0001781289-23-000002
CIK 0001585389other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 5:53 PM ET
Size
9.0 KB
Accession
0001781289-23-000002
Insider Transaction Report
Form 4
Valle Gerald
SVP, Self-Storage Operations
Transactions
- Award
Long-Term Incentive Plan Units
2023-03-02+4,125.4→ 19,571.37 totalExercise: $0.00→ Class A Common Stock (4,125.4 underlying)
Holdings
- 7,035.65
Class A Common Stock
- 26,590.61
Long-Term Incentive Plan Units
Exercise: $0.00→ Class A Common Stock (26,590.61 underlying)
Footnotes (4)
- [F1]Represents 7,035.65 shares of restricted stock previously reported as being owned by the Reporting Person.
- [F2]Represents long-term incentive plan units ("LTIP Units") of SmartStop OP, L.P., the Issuer's operating partnership (the "Operating Partnership"). Vested LTIP Units are convertible into Class A common units of the Operating Partnership ("Class A Common Units"). Class A Common Units are redeemable by the holder for, at the election of the Issuer, shares of Class A Common Stock of the Issuer on a one-for-one basis or the cash value of such shares.
- [F3]Represents 26,590.61 LTIP Units previously reported as being owned by the Reporting Person. The LTIP Units vest ratably over a four-year period commencing on December 31 of the year of grant, subject to the Reporting Person's continued employment or service through each vesting date.
- [F4]Represents LTIP Units previously reported as being owned by the Reporting Person, which LTIP Units were subject to vesting based on the achievement of specified performance measures. The actual number of LTIP Units to be issued upon vesting could range from 0% to 100% of the number of LTIP Units reported based on the actual performance measure achieved. On March 2, 2023, the Compensation Committee of the Issuer's Board of Directors determined that a performance measure had been achieved such that 100% of the number of LTIP Units previously reported should vest. Accordingly, on March 2, 2023, 4,125.4 LTIP Units previously reported as being owned by the Reporting Person vested.
Documents
Issuer
SmartStop Self Storage REIT, Inc.
CIK 0001585389
Entity typeother
Related Parties
1- filerCIK 0001781289
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 5:53 PM ET
- Size
- 9.0 KB