Carlos V. Rodriguez - Jan 8, 2022 Form 4 Insider Report for AMERICOLD REALTY TRUST (COLD)

Role: EVP and COO
Signature: /s/ James C. Snyder, Jr., attorney-in-fact
Stock symbol: COLD
Transactions as of: Jan 8, 2022
Transactions value $: -$258,261
Form type: 4
Date filed: 1/11/2022, 05:29 PM
Previous filing: May 26, 2021

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	+60.2%	$0.00	50.2K	Jan 8, 2022	Direct	F1, F2
transaction	COLD	Common Shares of Beneficial Interest	Tax liability	-$258K	-8.33K	-16.6%	$31.00	41.9K	Jan 8, 2022	Direct	F2

* 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.
F2	Includes 685 shares purchased pursuant to the Americold Realty Trust qualified Employee Stock Purchase Plan, which are exempt from reporting under Section 16.

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.

Includes 685 shares purchased pursuant to the Americold Realty Trust qualified Employee Stock Purchase Plan, which are exempt from reporting under Section 16.