Wayne M. Rehberger - Aug 31, 2021 Form 4 Insider Report for QTS Realty Trust, Inc. (QTS)

Role
Director
Signature
/s/ Aga Carpenter, as attorney in fact for Wayne M. Rehberger
Stock symbol
QTS
Transactions as of
Aug 31, 2021
Transactions value $
-$662,356
Form type
4
Date filed
9/2/2021, 04:07 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTS 7.125% Series A Perpetual Preferred Stock Disposed to Issuer -1.2K -100% 0 Aug 31, 2021 Direct F1
transaction QTS Class A Common Stock Disposed to Issuer -5.81K -100% 0 Aug 31, 2021 Direct F2

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 QTS Employee Stock Option (Right to Buy) Disposed to Issuer -$133K -7.04K -100% $18.94 0 Aug 31, 2021 Class A Common Stock 7.04K $59.06 Direct F3
transaction QTS Employee Stock Option (Right to Buy) Disposed to Issuer -$181K -8.56K -100% $21.16 0 Aug 31, 2021 Class A Common Stock 8.56K $56.84 Direct F4
transaction QTS Employee Stock Option (Right to Buy) Disposed to Issuer -$348K -10.6K -100% $32.70 0 Aug 31, 2021 Class A common stock 10.6K $45.30 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Wayne M. Rehberger is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Redeemed pursuant to the exercise of the Company's redemption right in connection with the merger of the Issuer with and into Volt Lower Holdings LLC (the "Merger") pursuant to the terms of the Agreement and Plan of Merger, dated as of June 7, 2021 among the Issuer, QualityTech, LP, Volt Upper Holdings LLC, Volt Lower Holdings LLC, and Volt Acquisition LP (the "Merger Agreement:) for $25.00 in cash per share, plus accrued and unpaid dividends, to and including the date of the Merger, without interest, less any applicable withholding.
F2 Includes Class A common stock and deferred share units ("DSUs") granted under the QTS Realty Trust, Inc. 2013 Equity Incentive Plan (the "Plan") that represented the contingent right to receive one share of Class A common stock and vesting of the DSU one year after the date of grant. Each DSU (and any accrued dividend equivalents related thereto) vested in connection with the Merger. All Class A common stock was disposed of, and vested DSUs were cancelled, pursuant to the Merger pursuant to the terms of the Merger Agreement in exchange for $78.00 in cash per share (or share under such DSU), without interest, less any applicable withholding.
F3 These options to purchase shares of Class A common stock were granted under the Plan and vest one year after the date of grant. Each option was canceled in the Merger in exchange for a cash payment of $18.94, representing the difference between the exercise price of the option and $78.00, less any applicable income and employment withholding taxes.
F4 These options to purchase shares of Class A common stock were granted under the Plan and vest one year after the date of grant. Each option was canceled in the Merger in exchange for a cash payment of $21.16, representing the difference between the exercise price of the option and $78.00, less any applicable income and employment withholding taxes.
F5 These options to purchase shares of Class A common stock were granted under the Plan and vest one year after the date of grant. Each option was canceled in the Merger in exchange for a cash payment of $32.70, representing the difference between the exercise price of the option and $78.00, less any applicable income and employment withholding taxes.