Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | n/a | Class A Common Stock | 36K | Jun 21, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | n/a | Long-Term Incentive Plan Units | Award | $0 | +6.02K | $0.00 | 6.02K | Jun 21, 2023 | Class A Common Stock | 6.02K | $0.00 | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Represents 35,995 shares of restricted stock previously reported as being owned by the Reporting Person. |
F2 | Represents long-term incentive plan units ("LTIP Units") of SmartStop OP, L.P., the Issuer's operating partnership (the "Operating Partnership"). Under certain circumstances, 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. |
F3 | The Reporting Person was awarded 6,016 LTIP Units upon his reelection to the board of directors, which LTIP Units vest one year from such reelection. |