Form 4 for COLD AMERICOLD REALTY TRUST
Accepted 2023-03-10 00:00:00 ET · period of report 2023-03-08 · accession 0001455863-23-000024 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-10 | 2023-03-08 | COLD | NOVOSEL THOMAS C | See Remarks | F - Tax | $29.69 | -1,393 | 5,927 | -19% | -$41.4K |
| DM | 2023-03-10 | 2023-03-08 | COLD | NOVOSEL THOMAS C | See Remarks | M - OptEx | $0.00 | +4,096 | 6,401 | +178% | $0 |
| DM | 2023-03-10 | 2023-03-08 | COLD | NOVOSEL THOMAS C | See Remarks | M - OptEx | $0.00 | -4,096 | 0 | -100% | $0 |
| DM | 2023-03-10 | 2023-03-08 | COLD | NOVOSEL THOMAS C | See Remarks | A - Grant | $0.00 | +8,420 | 4,210 | New | $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 | 2023-03-08 | F | D | 440 | $29.69 | 7,779 | D | — | — | |
| 2 | Common | Common Shares of Beneficial Interest | 2023-03-08 | M | A | 1,229 | $0.00 | 8,219 | D | — | — | |
| 3 | Common | Common Shares of Beneficial Interest | 2023-03-08 | F | D | 479 | $29.69 | 6,990 | D | — | — | |
| 4 | Common | Common Shares of Beneficial Interest | 2023-03-08 | M | A | 1,542 | $0.00 | 7,469 | D | — | — | |
| 5 | Common | Common Shares of Beneficial Interest | 2023-03-08 | M | A | 1,325 | $0.00 | 6,401 | D | — | — | |
| 6 | Common | Common Shares of Beneficial Interest | 2023-03-08 | F | D | 474 | $29.69 | 5,927 | D | — | — | |
| 7 | Derivative | Restricted Stock Units | 2023-03-08 | M | D | 1,229 | $0.00 | 1,229 | D | $0.00 · — to — | 1,229 Common Stock | (F6) 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, 2022, and 2023 and the remainder will vest on March 8, 2024. |
| 8 | Derivative | Performance OP Profits Units | 2023-03-08 | A | A | 4,210 | $0.00 | 4,210 | D | $0.00 · — to — | 4,210 Common Stock | (F3) 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, 2023 - Dec 31, 2025). 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. The Performance OP Profits Units were issued to the reporting person pursuant to the Americold Realty Trust 2017 Equity Plan. (F4) 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, at the election of the holder, be presented for redemption for cash equal to the then fair market value of a share of Americold Realty Trust, Inc. (the "Company") common stock (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested Performance OP Profits Units into Common Units and redeem Common Units have no expiration dates. |
| 9 | Derivative | Restricted Stock Units | 2023-03-08 | M | D | 1,542 | $0.00 | 1,542 | D | $0.00 · — to — | 1,542 Common Stock | (F5) Each restricted stock unit ("RSU") represents the right to acquire one common share of Americold Realty Trust. The RSU's vested one-third on March 8, 2023 and the remainder will vest ratably on March 8, 2024 and 2025. |
| 10 | Derivative | Restricted Stock Units | 2023-03-08 | M | D | 1,325 | $0.00 | 0 | D | $0.00 · — to — | 1,325 Common Shares of Beneficial Interest | (F1) Each restricted stock unit ("RSU") represents the right to acquire one share of Americold Realty Trust, Inc. common stock. The RSU's vested one-third on each of March 8, 2021 and 2022 and 2023. |
| 11 | Derivative | Restricted Stock Units | 2023-03-08 | A | A | 4,210 | $0.00 | 4,210 | D | $0.00 · — to — | 4,210 Common Stock | (F2) 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, 2024, 2025 and 2026. The RSUs were issued to the reporting person pursuant to the Americold Realty Trust 2017 Equity Incentive Plan. |