Kelly C. Chambliss - Dec 13, 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
Dec 13, 2021
Transactions value $
$0
Form type
4
Date filed
12/15/2021, 06:15 PM
Previous filing
Oct 19, 2021
Next filing
Dec 29, 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 +66 +0.75% $0.00 8.9K Dec 13, 2021 Common Stock 66 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 Fifty-five (55) RSUs vested immediately with the remaining RSUs vesting 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.