4//SEC Filing
Barry James R. 4
Accession 0001781316-22-000002
CIK 0001585389other
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 4:56 PM ET
Size
10.7 KB
Accession
0001781316-22-000002
Insider Transaction Report
Form 4
Barry James R.
CFO and Treasurer
Transactions
- Tax Payment
Class A Common Stock
2022-06-28$14.63/sh+810.96$11,864→ 11,126.1 total
Holdings
- 31,728.48
Long-Term Incentive Plan Units
Exercise: $0.00→ Class A Common Stock (31,728.48 underlying) - 15,651.75
Long-Term Incentive Plan Units
Exercise: $0.00→ Class A Common Stock (15,651.75 underlying) - 123,766
Class A-1 Units
Exercise: $0.00→ Class A Common Stock (123,766 underlying)
Footnotes (5)
- [F1]Represents the number of shares being withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and net settlement 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 31,728.48 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. 8,250.8 LTIP Units were granted on April 22, 2020, 12,096.8 LTIP Units were granted on April 19, 2021, and 11,380.88 LTIP Units were granted on February 2, 2022.
- [F4]Represents 15,651.75 LTIP Units previously reported as being owned by the Reporting Person, which number is equal to 200% of the target number of LTIP Units to be issued upon vesting. The actual number of LTIP Units to be issued upon vesting can range from 0% to 100% of the number of LTIP Units reported, based on achievement of specified performance measures. Assuming the achievement of the specified performance measures, 8,064.5 LTIP Units, as adjusted, will vest no later than March 31, 2024 and 7,587.25 LTIP Units, as adjusted, will vest no later than March 31, 2025.
- [F5]Represents 123,766 Class A-1 limited partnership units ("Class A-1 Units") of the Operating Partnership previously reported as being owned by the Reporting Person. Class A-1 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.
Documents
Issuer
SmartStop Self Storage REIT, Inc.
CIK 0001585389
Entity typeother
Related Parties
1- filerCIK 0001781316
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 4:56 PM ET
- Size
- 10.7 KB