Kelly C. Chambliss - May 19, 2021 Form 4 Insider Report for CoreSite Realty Corp (COR)

Role
Director
Signature
/s/ Derek S. McCandless, Attorney-in-Fact
Stock symbol
COR
Transactions as of
May 19, 2021
Transactions value $
$0
Form type
4
Date filed
5/20/2021, 09:13 PM
Next filing
Jul 19, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COR Restricted Stock Units Award $0 +1.47K +20.43% $0.00 8.67K May 19, 2021 Common Stock 1.47K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents the right to receive one share of common stock of the issuer. The reporting person also holds a tandem dividend equivalent for each RSU held, which gives the reporting person the right to receive, upon the payment of any ordinary quarterly cash dividend paid to holders of common stock of the issuer, an equivalent payment in the form of additional RSUs based on the fair market value of the issuer's common stock on the date of payment.
F2 The RSUs vest on the earlier of (a) May 19, 2022 or (b) the day before the issuer's next annual meeting of stockholders. In addition, pursuant to a deferral election made by the reporting person, the RSUs are payable upon the earliest of (i) the reporting person's separation from service with the issuer, (ii) the reporting person's death or (iii) the date of a change in control of the issuer.
F3 The RSUs have no expiration date.