Marc Smernoff - Jan 8, 2022 Form 4 Insider Report for AMERICOLD REALTY TRUST (COLD)

Role: EVP & CFO
Signature: /s/ James C. Snyder, Jr., attorney-in-fact
Stock symbol: COLD
Transactions as of: Jan 8, 2022
Transactions value $: -$269,979
Form type: 4
Date filed: 1/11/2022, 05:29 PM
Previous filing: Dec 29, 2021
Next filing: Jan 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COLD	Common Shares of Beneficial Interest	Award	$0	+18.9K	+11.68%	$0.00	180K	Jan 8, 2022	Direct	F1
transaction	COLD	Common Shares of Beneficial Interest	Tax liability	-$270K	-8.71K	-4.83%	$31.00	172K	Jan 8, 2022	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares acquired upon vesting of performance restricted stock units ("PRSUs"). Each PRSU represented the right to receive, upon vesting, one common share of beneficial interest of Americold Realty Trust ("Common Shares"). The number of Common Shares acquired upon vesting was based on the Company's relative total shareholder return ("TSR") against the total shareholder return of each company in the MSCI U.S. REIT Index over the period from January 1, 2019 through December 31, 2021, as approved by the Company's Compensation Committee.

Content

Shares acquired upon vesting of performance restricted stock units ("PRSUs"). Each PRSU represented the right to receive, upon vesting, one common share of beneficial interest of Americold Realty Trust ("Common Shares"). The number of Common Shares acquired upon vesting was based on the Company's relative total shareholder return ("TSR") against the total shareholder return of each company in the MSCI U.S. REIT Index over the period from January 1, 2019 through December 31, 2021, as approved by the Company's Compensation Committee.