Form 4 for COLD AMERICOLD REALTY TRUST
Accepted 2022-03-10 00:00:00 ET · period of report 2022-03-08 · accession 0001455863-22-000024 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-10 | 2022-03-08 | COLD | NOVOSEL THOMAS C | See Remarks | F - Tax | $27.02 | -1,097 | 16.8K | -6% | -$29.6K |
| DM | 2022-03-10 | 2022-03-08 | COLD | NOVOSEL THOMAS C | See Remarks | M - OptEx | $0.00 | +3,700 | 15.5K | +31% | $0 |
| D | 2022-03-10 | 2022-03-09 | COLD | NOVOSEL THOMAS C | See Remarks | S - Sale+OE | $27.52 | -9,000 | 7,839 | -53% | -$247.7K |
| DM | 2022-03-10 | 2022-03-08 | COLD | NOVOSEL THOMAS C | See Remarks | A - Grant | $0.00 | +9,252 | 9,252 | New | $0 |
| DM | 2022-03-10 | 2022-03-08 | COLD | NOVOSEL THOMAS C | See Remarks | M - OptEx | $0.00 | -3,700 | 1,325 | -74% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares of Beneficial Interest | 2022-03-08 | F | D | 1,097 | $27.02 | 16,839 | D | — | — | |
| 2 | Common | Common Shares of Beneficial Interest | 2022-03-08 | M | A | 1,323 | $0.00 | 17,936 | D | — | — | |
| 3 | Common | Common Shares of Beneficial Interest | 2022-03-08 | M | A | 1,148 | $0.00 | 16,613 | D | — | — | |
| 4 | Common | Common Shares of Beneficial Interest | 2022-03-09 | S | D | 9,000 | $27.52 | 7,839 | D | — | — | (F1) The price reported in column 4 is a weighted average price. The common shares were sold in multiple transactions at prices ranging from $27.53 to $27.60, inclusive. The reporting person undertakes to provide to Americold Realty Trust, any security holder of Americold Realty Trust, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of common shares sold at each separate price within the range set forth above. |
| 5 | Common | Common Shares of Beneficial Interest | 2022-03-08 | M | A | 1,229 | $0.00 | 15,465 | D | — | — | |
| 6 | Derivative | Restricted Stock Units | 2022-03-08 | A | A | 4,626 | $0.00 | 0 | D | — · — to — | 4,626 Common Shares of Beneficial Interest | (F7) Each restricted stock unit ("RSU") represents the right to acquire one common share of Americold Realty Trust. The RSU's will vest ratably on March 8, 2023, 2024 and 2025. |
| 7 | Derivative | Performance OP Profits Units | 2022-03-08 | A | A | 4,626 | $0.00 | 9,252 | D | — · — to — | 4,626 Common Shares of Beneficial Interest | (F5) Represents performance-based OP Profits Units ("Performance OP Profits Units") of the Operating Partnership. Payout of the Performance OP Profits Units will be determined based upon a comparison of the Company's total shareholder return ("TSR") on a relative basis to the MSCI U.S. REIT Index at the end of the applicable performance period (Jan 1, 2022 - Dec 31, 2024). The Performance OP Profits Units will vest, if at all, at the end of the 3-year period contingent upon the achievement of the pre-established TSR goal. (F6) Conditioned upon minimum allocations to the capital accounts of the Performance OP Profits Units for federal income tax purposes, each vested Performance OP Profits Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Operating Partnership (a "Common Unit"). Each Common Unit acquired upon conversion of a vested Performance OP Profits Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a common share of Americold Realty Trust (the "Company") (the "Common Shares"), except that the Company may, at its election, acquire each Common Unit so presented for one Common Share. The rights to convert vested Performance OP Profits Units into Common Units and redeem Common Units have no expiration dates. |
| 8 | Derivative | Restricted Stock Units | 2022-03-08 | M | D | 1,229 | $0.00 | 2,458 | D | — · — to — | 1,229 Common Shares of Beneficial Interest | (F2) Each restricted stock unit ("RSU") represents the right to acquire one share of Americold Realty Trust (the "Company"). The RSUs vested one-third on March 8, 2022 and the remainder will vest ratable on March 8, 2023 and 2024. |
| 9 | Derivative | Restricted Stock Units | 2022-03-08 | M | D | 1,148 | $0.00 | 0 | D | — · — to — | 1,148 Common Shares of Beneficial Interest | (F3) Each restricted stock unit ("RSU") represents the right to acquire one common share of Americold Realty Trust. The RSUs vested ratably on each of March 8, 2020, 2021 and 2022. |
| 10 | Derivative | Restricted Stock Units | 2022-03-08 | M | D | 1,323 | $0.00 | 1,325 | D | — · — to — | 1,323 Common Shares of Beneficial Interest | (F4) Each restricted stock unit ("RSU") represents the right to acquire one common share of Americold Realty Trust. The RSU's vested one-third on each of March 8, 2021 and 2022 and the remainder will vest on March 8, 2023. |