Wayne Johnson - 13 Mar 2025 Form 4 Insider Report for SmartStop Self Storage REIT, Inc. (SMA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Mar 2025, 20:26:18 UTC
Prior SEC filing
11 Mar 2024
Next SEC filing
03 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Wayne Johnson

Key filing fact

Wayne Johnson filed Form 4 for SmartStop Self Storage REIT, Inc. (SMA) on 17 Mar 2025.

Key facts

  • This page summarizes Wayne Johnson's Form 4 filing for SmartStop Self Storage REIT, Inc. (SMA).
  • 3 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 17 Mar 2025, 20:26.

Change

  • Previous filing in this sequence was filed on 11 Mar 2024.
  • 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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

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
13 Mar 2025
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SMA transaction Derivative

Long-Term Incentive Plan Units

Award

Transaction value
$0
Shares
+5,216
Change %
+8.7%
Price
$0.000000
Shares after
64,841
Date
13 Mar 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,216
Exercise price
$0.000000
Footnotes
F2, F3, F4
SMA transaction Derivative

Long-Term Incentive Plan Units

Award

Transaction value
$0
Shares
+17,997
Change %
+20%
Price
$0.000000
Shares after
107,358
Date
17 Mar 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
17,997
Exercise price
$0.000000
Footnotes
F2, F5
SMA transaction Derivative

Long-Term Incentive Plan Units

Award

Transaction value
$0
Shares
+17,728
Change %
+27%
Price
$0.000000
Shares after
82,569
Date
17 Mar 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
17,728
Exercise price
$0.000000
Footnotes
F2, F6
SMA holding Derivative

Class A-1 Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
495,063
Date
13 Mar 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
495,063
Exercise price
$0.000000
Footnotes
F7, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Represents 23,452.16 shares of Class A Common 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 LTIP Units previously reported as being owned by the Reporting Person, which LTIP Units were subject to vesting based on the achievement of specified performance measures. Such LTIP Units were reported at 200% of the target number of LTIP Units to be issued upon vesting, or 10,432.47 LTIP Units, on February 4, 2022. The actual number of LTIP Units to be issued upon vesting could range from 0% to 100% of the number of LTIP Units reported based on the actual performance measure achieved. On March 13, 2025, the Compensation Committee of the Issuer's Board of Directors determined that a performance measure had been achieved such that 50% of the number of LTIP Units previously reported, or 5,216.24 LTIP Units, were earned.

Footnote F4

Excludes 5,216.23 LTIP Units previously reported as being owned by the Reporting Person that did not vest, as described in Footnote 3.

Footnote F5

Represents 17,997 LTIP Units issued to the Reporting Person pursuant to the Issuer's incentive plan, which LTIP Units vest ratably over four years commencing on December 31, 2025, subject to the Reporting Person's continued employment or service through each vesting date.

Footnote F6

Represents 17,728 LTIP Units issued to the Reporting Person pursuant to the Issuer's incentive plan, 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, the LTIP Units, as adjusted, will vest no later than March 31, 2028.

Footnote F7

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 F8

Represents 495,063 Class A-1 Units previously reported as being owned by the Reporting Person.

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