4//SEC Filing
Barry James R. 4
Accession 0001781316-25-000003
CIK 0001585389other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 6:17 PM ET
Size
15.6 KB
Accession
0001781316-25-000003
Insider Transaction Report
Form 4
Barry James R.
CFO and Treasurer
Transactions
- Award
Long-Term Incentive Plan Units
2025-04-01+19,895→ 19,895 totalExercise: $0.00→ Class A Common Stock (19,895 underlying) - Award
Long- Term Incentive Plan Units
2025-04-02+9,424→ 9,424 totalExercise: $0.00→ Class A Common Stock (9,424 underlying)
Holdings
- 19,353.28
Long- Term Incentive Plan Units
Exercise: $0.00→ Class A Common Stock (19,353.28 underlying) - 2,775.83
Class A Common Stock
- 24,569.12
Long- Term Incentive Plan Units
Exercise: $0.00→ Class A Common Stock (24,569.12 underlying) - 30,941.5
Class A-1 Units
Exercise: $0.00→ Class A Common Stock (30,941.5 underlying)
Footnotes (9)
- [F1]Represents 2,775.83 shares of Class A Common Stock previously reported as being owned by the Reporting Person.
- [F2]Includes securities previously reported as being owned by the Reporting Person adjusted for the one-for-four reverse stock split of the Issuer's issued and outstanding shares of Class A Common Stock and the one-for-four reverse unit split of the Operating Partnership's (as defined below) issued and outstanding partnership units (collectively, the "Reverse Equity Splits"). As a result of the Reverse Equity Splits, every four shares of the Issuer's Class A Common Stock and every four of the Operating Partnership's partnership units were automatically changed into one issued and outstanding share of Class A Common Stock or partnership units, as applicable, rounded to the nearest 1/1000th share or partnership unit.
- [F3]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 the Issuer's Class A Common Stock on a one-for-one basis or the cash value of such shares.
- [F4]Represents 19,895 LTIP Units issued to the Reporting Person pursuant to the Issuer's incentive plan, which LTIP Units vest ratably over four years commencing on the first anniversary of the issuance thereof, subject to the Reporting Person's continued employment or service through each vesting date.
- [F5]Represents 9,424 LTIP Units issued to the Reporting Person pursuant to the Issuer's incentive plan, which LTIP Units vest ratably over four years commencing on the first anniversary of the issuance thereof, subject to the Reporting Person's continued employment or service through each vesting date.
- [F6]Represents 24,569.12 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.
- [F7]Represents 19,353.28 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.
- [F8]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.
- [F9]Represents 30,941.50 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
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 6:17 PM ET
- Size
- 15.6 KB