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SmartStop Self Storage REIT, Inc. — Director's Dealing 2023
Jun 29, 2023
31659_dirs_2023-06-29_c386b571-1e1b-4865-8855-8bc17ad893d7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SmartStop Self Storage REIT, Inc. (n/a)
CIK: 0001585389
Period of Report: 2023-06-28
Reporting Person: Valle Gerald (SVP, Self-Storage Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-28 | Class A Common Stock | F | 608.22 | $14.3 | Disposed | 6427.43 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Long-Term Incentive Plan Units | $0 | Class A Common Stock (26590.61) | 26590.61 | Direct | |
| Long-Term Incentive Plan Units | $0 | Class A Common Stock (19571.37) | 19571.37 | Direct |
Footnotes
F1: Represents the number of shares being withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and net settlement of restricted stock previously reported as being owned by the Reporting Person.
F2: Represents long-term incentive plan units ("LTIP Units") of SmartStop OP, L.P., the Issuer's operating partnership (the "Operating Partnership"). Vested LTIP Units are convertible into Class A common units of the Operating Partnership ("Class A Common Units"). Class A Common Units are redeemable by the holder for, at the election of the Issuer, shares of Class A Common Stock of the Issuer on a one-for-one basis or the cash value of such shares.
F3: Represents 26,590.61 LTIP Units previously reported as being owned by the Reporting Person. The LTIP Units vest ratably over a four-year period commencing on December 31 of the year of grant, subject to the Reporting Person's continued employment or service through each vesting date.
F4: Represents 19,571.37 LTIP Units previously reported as being owned by the Reporting Person, which number is equal to 200% of the target number of LTIP Units to be issued upon vesting. The actual number of LTIP Units to be issued upon vesting can range from 0% to 100% of the number of LTIP Units reported, based on achievement of specified performance measures.