AMERICOLD REALTY TRUST — Director's Dealing 2018

Nov 16, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICOLD REALTY TRUST (NYSE: COLD)
CIK: 0001455863
Period of Report: 2018-11-13

Reporting Person: NOVOSEL THOMAS C (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-13	Common Shares of Beneficial Interest	S	22726	$26.00	Disposed	0	Direct
2018-11-14	Common Shares of Beneficial Interest	M	15000	$9.81	Acquired	15000	Direct
2018-11-14	Common Shares of Beneficial Interest	S	15000	$26.5297	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-14	Stock Option	$9.81	M	15000	Disposed	2023-10-30	Common Shares of Beneficial Interest (15000)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $26.50 to $26.61, inclusive. The reporting person undertakes to provide to Americold Realty Trust, any security holder of Americold Realty Trust, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common shares sold at each separate price within the range set forth above.

F2: On November 14, 2018, Mr. Novosel made an exercise of 15,000 stock options and sold 15,000 common shares of beneficial interest.

F3: Options to acquire common shares vested 20% on October 30, 2014, 2015, 2016, 2017 and 2018.