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AMERICOLD REALTY TRUST — Director's Dealing 2018
Jun 14, 2018
31243_dirs_2018-06-14_5de9feac-a995-4511-a3d4-cfaaf564011f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AMERICOLD REALTY TRUST (COLD)
CIK: 0001455863
Period of Report: 2018-06-12
Reporting Person: Boehler Fred W (Director, CEO, President and Trustee)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-06-12 | Common Shares of Beneficial Interest | M | 730000 | $9.81 | Acquired | 730000 | Direct |
| 2018-06-12 | Common Shares of Beneficial Interest | F | 511408 | $21.70 | Disposed | 218592 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-06-12 | Stock Option | $9.81 | M | 400000 | Disposed | 2023-02-06 | Common Shares of Beneficial Interest (400000.0) | Direct |
| 2018-06-12 | Stock Option | $9.81 | M | 160000 | Disposed | 2024-03-27 | Common Shares of Beneficial Interest (160000.0) | Direct |
| 2018-06-12 | Stock Option | $9.81 | M | 120000 | Disposed | 2026-12-14 | Common Shares of Beneficial Interest (120000.0) | Direct |
| 2018-06-12 | Stock Option | $9.81 | M | 50000 | Disposed | 2027-03-01 | Common Shares of Beneficial Interest (50000.0) | Direct |
Footnotes
F1: On June 12, 2018, Mr. Boehler made a net exercise of 730,000 stock options, resulting in his acquisition of 218,592 common shares of Americold Realty Trust (the "Company"). The transactions described herein were pursuant to an exception to a lock-up agreement between Mr. Boehler and the underwriters with respect to the initial public offering of the Company.
F2: Options to acquire common shares vested 20% each on February 4, 2014, 2015, 2016, 2017 and 2018.
F3: Options to acquire common shares vested 20% each on March 27, 2015, 2016, 2017 and 2018 and remainder vest on March 27, 2019.
F4: Options to acquire common shares vested 20% each on December 14, 2016 and 2017 and remainder vest ratably on December 14, 2018, 2019 and 2020.
F5: Vesting of these options was contingent upon achievement of a 2016 performance target for Adjusted EBITDA for 2016, which was satisfied, so options vested 20% on January 1, 2018 and the remainder vest ratably on January 1, 2019, 2020, 2021 and 2022.