Paula M. Mathews - 29 Mar 2022 Form 4 Insider Report for SmartStop Self Storage REIT, Inc. (SMA)

Role: Director
Signature: /s/ Paula M. Mathews
Issuer symbol: SMA
Transactions as of: 29 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 30 Mar 2022, 19:34:11 UTC
Previous filing: 21 Jun 2021
Next filing: 17 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SMA	Class A Common Stock						28,610	29 Mar 2022	Held by Paula M. Mathews Living Trust	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SMA	Class A-1 Units	Conversion of derivative security		+108,672			108,672	29 Mar 2022	Class A Common Stock	108,672	$0.000000	Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Represents (i) 17,763 shares of restricted stock previously reported as being owned by the Reporting Person and (ii) 10,847 shares of Class A Common Stock acquired through the Issuer's offering and participation in the Issuer's Distribution Reinvestment Plan since the Reporting Person's last report.
F2	Represents Class A-1 limited partnership units ("Class A-1 Units") of SmartStop OP, L.P., the Issuer's operating partnership (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.
F3	Represents 108,672 Class A-1 Units received by the Reporting Person upon the conversion of certain Class A-2 limited partnership units ("Class A-2 Units") of the Operating Partnership held by the Reporting Person in accordance with the satisfaction of the earn-out terms of the Class A-2 Units.