AMERICOLD REALTY TRUST — Director's Dealing 2021

Mar 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICOLD REALTY TRUST (COLD)
CIK: 0001455863
Period of Report: 2021-03-08

Reporting Person: Stuver David Keith (See Remarks)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-08	Restricted Stock Units	$	A	4425	Acquired		Common Shares of Beneficial Interest (4425.0)	Direct
2021-03-08	Performance Restricted Stock Units	$	A	13274	Acquired		Common Shares of Beneficial Interest (13274.0)	Direct

Footnotes

F1: Each Restricted Stock Unit ("RSU") represents the right to acquire one common share of Americold Realty Trust. The RSUs will vest ratably on March 8, 2022, 2023 and 2024.

F2: Each performance-based restricted stock unit ("PRSU") represents the right to acquire one common share of Americold Realty Trust. Vesting of the PRUs 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, 2021 - Dec. 31, 2023). The RSUs will vest, if at all, at the end of the 3-year period contingent upon the achievement of the pre-established TSR goal. The PRSUs were issued to the reporting person pursuant to the Americold Realty Trust 2017 Equity Plan.