Key facts
- This page summarizes Mark van Mourick's Form 4 filing for National Storage Affiliates Trust (NSA).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 01 Jun 2022, 16:26.
Mark van Mourick - 27 May 2022 Form 4 Insider Report for National Storage Affiliates Trust (NSA)
- Reporting relationship
- Director
- Issuer ticker
- NSA
- Reported as of
- 27 May 2022
- Net transaction value
- +$180,000
- SEC form
- 4
- Accepted by SEC
- 01 Jun 2022, 16:26:14 UTC
- Prior SEC filing
- 24 Feb 2022
- Next SEC filing
- 08 Nov 2022
- Source filing
- View source filing
- Reporting owner signature
- Mark Van Mourick, by Jason Parsont, his Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Mark van Mourick filed Form 4 for National Storage Affiliates Trust (NSA) on 01 Jun 2022.
Change
- Previous filing in this sequence was filed on 24 Feb 2022.
- Current net transaction value: +$180,000.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NSA
transaction
Derivative
Class A OP Units
Award
- Transaction value
- $180,000
- Shares
- +3,367
- Change %
- +2.2%
- Price
- $53.46
- Shares after
- 159,149
- Date
- 27 May 2022
- Ownership
- Direct
- Underlying class
- Common shares of beneficial interest, $0.01 par value
- Underlying amount
- 3,367
- Exercise price
- Footnotes
- F1, F2, F3, F4, F5
NSA
transaction
Derivative
LTIP Units
Conversion of derivative security
- Transaction value
- $0
- Shares
- -5,002
- Change %
- -42%
- Price
- $0.000000
- Shares after
- 6,819
- Date
- 27 May 2022
- Ownership
- Direct
- Underlying class
- Class A OP Units
- Underlying amount
- 5,002
- Exercise price
- Footnotes
- F1, F2, F3, F5, F6
NSA
transaction
Derivative
Class A OP Units
Conversion of derivative security
- Transaction value
- $0
- Shares
- +5,002
- Change %
- +3.2%
- Price
- $0.000000
- Shares after
- 159,149
- Date
- 27 May 2022
- Ownership
- Direct
- Underlying class
- Common shares of beneficial interest, $0.01 par value
- Underlying amount
- 5,002
- Exercise price
- Footnotes
- F1, F2, F3, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
The 3,367 Class A common units of limited partner interest ("Class A OP Units") in NSA OP, LP (the "Partnership") are issuable upon the conversion of 3,367 long-term incentive plan units ("LTIP Units") in the Partnership. The LTIP Units were granted to the Reporting Person under the Issuer's 2015 Equity Incentive Plan, and are scheduled to vest on the earlier of: (i) May 24, 2023 or (ii) the calendar day immediately preceding the next annual meeting of shareholders, the date of which will be specified in a future proxy statement of the Issuer. Vested LTIP Units, after achieving parity with Class A OP Units, are eligible to be converted into Class A OP Units on a one-for-one basis upon the satisfaction of conditions set forth in the Partnership's agreement of limited partnership.
Footnote F2
Upon conversion of such vested parity LTIP Units into Class A OP Units, the Reporting Person will have the right to cause the Partnership to redeem a portion of the Reporting Person's Class A OP Units for cash in an amount equal to the market value of an equivalent number of the Issuer's common shares of beneficial interest ("Shares"), or at the Issuer's option, Shares on a one-for-one basis, subject to certain adjustments.
Footnote F3
N/A
Footnote F4
The price of the derivative securities was determined using the closing price of the Issuer's Shares on May 27, 2022.
Footnote F5
The Reporting Person's total direct and indirect beneficial ownership following the reported transactions above is 159,149 Class A OP Units, which includes those Class A OP Units previously reported and the Class A OP Units reported herein (together with those other LTIP Units convertible into, or exchangeable for, such Class A OP Units as specified herein and reported in prior Forms 4). Following the reported transactions, the Reporting Person has total direct beneficial ownership in 3,452 vested LTIP Units and 3,367 unvested LTIP Units. The 159,149 Class A OP Units do not include non-derivative securities or derivative securities of other classes that were previously reported by the Reporting Person.
Footnote F6
Consists of 5,002 LTIP Units held by the Reporting Person which were converted into 5,002 Class A OP Units as described in footnote 1 above. The Reporting Person previously reported the 5,002 LTIP Units that were converted into Class A OP Units as described in this Form 4 as Class A OP Units on an as-converted basis. Accordingly, rows 2 and 3 of this Form 4 are being filed on a voluntary basis solely to provide notice of the conversion of the Reporting Person's 5,002 LTIP Units into 5,002 Class A OP Units.