Home/Filings/4/0001781345-23-000004
4//SEC Filing

Look Nicholas 4

Accession 0001781345-23-000004

CIK 0001585389other

Filed

Jun 28, 8:00 PM ET

Accepted

Jun 29, 9:41 AM ET

Size

10.6 KB

Accession

0001781345-23-000004

Insider Transaction Report

Form 4
Period: 2023-06-28
Look Nicholas
General Counsel and Secretary
Transactions
  • Tax Payment

    Class A Common Stock

    2023-06-28$14.30/sh405.48$5,7984,284.95 total
Holdings
  • Class A-1 Units

    Exercise: $0.00Class A Common Stock (49,506 underlying)
    49,506
  • Long-Term Incentive Plan Units

    Exercise: $0.00Class A Common Stock (28,118.95 underlying)
    28,118.95
  • Long-Term Incentive Plan Units

    Exercise: $0.00Class A Common Stock (21,553.63 underlying)
    21,553.63
Footnotes (6)
  • [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 28,118.95 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 21,553.63 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.
  • [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 49,506 Class A-1 Units previously reported as being owned by the Reporting Person.

Issuer

SmartStop Self Storage REIT, Inc.

CIK 0001585389

Entity typeother

Related Parties

1
  • filerCIK 0001781345

Filing Metadata

Form type
4
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 9:41 AM ET
Size
10.6 KB