| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | QTS | Class A Common Stock | Gift | $0 | -3.23K | -7.75% | $0.00 | 38.5K | Aug 25, 2021 | Direct | |
| transaction | QTS | Class A Common Stock | Award | $0 | +36.1K | +93.86% | $0.00 | 74.6K | Aug 31, 2021 | Direct | F1 |
| transaction | QTS | Class A Common Stock | Disposed to Issuer | -74.6K | -100% | 0 | Aug 31, 2021 | Direct | F2 |
| 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 | -$585K | -13.3K | -100% | $43.97 | 0 | Aug 31, 2021 | Class A common stock | 13.3K | $34.03 | Direct | F3 |
| transaction | QTS | Employee stock option (right to buy) | Disposed to Issuer | -$557K | -12.7K | -100% | $43.97 | 0 | Aug 31, 2021 | Class A common stock | 12.7K | $34.03 | Direct | F4 |
| transaction | QTS | Employee stock option (right to buy) | Disposed to Issuer | -$62.7K | -1.25K | -100% | $50.18 | 0 | Aug 31, 2021 | Class A Common Stock | 1.25K | $27.82 | Direct | F5 |
David Robey is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | On March 5, 2019, March 6, 2020 and March 5, 2021, the reporting person was granted, as applicable, performance-based restricted share units ("RSUs") eligible to be earned based on Operating Funds From Operations per diluted share of the Issuer over a performance period and RSUs eligible to be earned based on relative total stockholder return over a performance period. In connection with the Merger (as defined below), the Compensation Committee certified the degree to which the performance measures were achieved for awards for which performance had not previously been certified and pursuant to the Merger Agreement (as defined below). Such RSUs (including dividend equivalent rights accrued thereon) became fully vested in accordance with their terms in connection with the Merger. |
| F2 | Includes Class A common stock disposed of, and vested RSUs cancelled, pursuant to 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") in exchange for $78.00 in cash per share or unit, as applicable, without interest, less any applicable withholding. |
| F3 | These options to purchase shares of Class A common stock were granted under the Plan, all of which vested two years after the date of grant. Each option was canceled in the Merger in exchange for a cash payment of $43.97, 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 vested ratably over three years beginning on the first anniversary of the date of grant and each quarter thereafter. Each option was canceled in the Merger in exchange for a cash payment of $43.97, 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 QTS Realty Trust, Inc. Equity Incentive Plan (the "Plan") and vested ratably over four years beginning on the first anniversary of the date of grant and each quarter thereafter. Each option was canceled in the Merger in exchange for a cash payment of $50.18, representing the difference between the exercise price of the option and $78.00, less any applicable income and employment withholding taxes. |