Key facts
- This page summarizes Wayne Johnson's Form 4 filing for SmartStop Self Storage REIT, Inc. (SMA).
- 1 reported transaction and 3 derivative rows are listed below.
- Accepted by SEC: 09 Dec 2021, 20:05.
Wayne Johnson - 09 Dec 2021 Form 4 Insider Report for SmartStop Self Storage REIT, Inc. (SMA)
- Reporting relationship
- President and CIO
- Issuer ticker
- SMA
- Reported as of
- 09 Dec 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 09 Dec 2021, 20:05:49 UTC
- Next SEC filing
- 04 Feb 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Wayne Johnson
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Wayne Johnson filed Form 4 for SmartStop Self Storage REIT, Inc. (SMA) on 09 Dec 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SMA
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 23,452
- Date
- 09 Dec 2021
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SMA
transaction
Derivative
Class A-1 Units
Other
- Transaction value
- Shares
- +495,063
- Change %
- Price
- Shares after
- 495,063
- Date
- 09 Dec 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 495,063
- Exercise price
- $0.000000
- Footnotes
- F5, F6
SMA
holding
Derivative
Long-Term Incentive Plan Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 40,788
- Date
- 09 Dec 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 40,788
- Exercise price
- $0.000000
- Footnotes
- F2, F3
SMA
holding
Derivative
Long-Term Incentive Plan Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 27,192
- Date
- 09 Dec 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 27,192
- Exercise price
- $0.000000
- Footnotes
- F2, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Represents 23,452.16 shares of restricted stock previously reported as being owned by the Reporting Person.
Footnote 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.
Footnote F3
Represents 40,788.4 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. 20,627.1 LTIP Units were granted on April 22, 2020, and 20,161.3 LTIP Units were granted on April 19, 2021.
Footnote F4
Represents 27,192.3 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. Assuming the achievement of the specified performance measures, 13,751.4 LTIP Units, as adjusted, will vest no later than March 31, 2023, and 13,440.9 LTIP Units, as adjusted, will vest no later than March 31, 2024.
Footnote F5
Represents Class A-1 limited partnership units ("Class A-1 Units") of the Operating Partnership. Class A-1 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.
Footnote F6
On December 9, 2021, the Reporting Person acquired 495,063 Class A-1 Units from SS Asset Management Holdings, LLC ("SSAMH"), in exchange for the complete redemption of the Reporting Person's equity interests in SSAMH.