4//SEC Filing
Barry James R. 4
Accession 0001781316-23-000001
CIK 0001585389other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 6:04 PM ET
Size
11.3 KB
Accession
0001781316-23-000001
Insider Transaction Report
Form 4
Barry James R.
CFO and Treasurer
Transactions
- Award
Long-Term Incentive Plan Units
2023-02-21+22,166→ 53,894.48 totalExercise: $0.00→ Class A Common Stock (22,166 underlying) - Award
Long-Term Incentive Plan Units
2023-02-21+21,835→ 37,486.75 totalExercise: $0.00→ Class A Common Stock (21,835 underlying)
Holdings
- 123,766
Class A-1 Units
Exercise: $0.00→ Class A Common Stock (123,766 underlying) - 11,126.1
Class A Common Stock
Footnotes (6)
- [F1]Represents 11,126.1 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 22,166 LTIP Units issued to the Reporting Person pursuant to the Issuer's incentive plan, which LTIP Units vest ratably over four years commencing on December 31, 2023, subject to the Reporting Person's continued employment or service through each vesting date.
- [F4]Represents 21,835 LTIP Units issued to the Reporting Person pursuant to the Issuer's incentive plan, 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, the LTIP Units, as adjusted, will vest no later than March 31, 2026.
- [F5]Represents Class A-1 limited partnership units ("Class A-1 Units") of the Operating Partnership. 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.
- [F6]Represents 123,766 Class A-1 Units previously reported as being owned by the Reporting Person.
Documents
Issuer
SmartStop Self Storage REIT, Inc.
CIK 0001585389
Entity typeother
Related Parties
1- filerCIK 0001781316
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 6:04 PM ET
- Size
- 11.3 KB