Michael A. Seton - Jan 1, 2024 Form 4 Insider Report for Sila Realty Trust, Inc. (NONE)

Role
President and CEO, Director
Signature
/s/ Michael A. Seton
Stock symbol
NONE
Transactions as of
Jan 1, 2024
Transactions value $
-$194,719
Form type
4
Date filed
1/3/2024, 02:23 PM
Previous filing
Jan 9, 2023
Next filing
Jan 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Class A Common Stock Award $0 +152K +27.05% $0.00 714K Jan 1, 2024 Direct F1
transaction NONE Class A Common Stock Tax liability -$104K -13.8K -1.94% $7.48 700K Jan 1, 2024 Direct F2
transaction NONE Class A Common Stock Tax liability -$91.2K -12.2K -1.74% $7.48 688K Jan 3, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sila Realty Trust, Inc. (the "Issuer") granted the reporting person an award of 152,072.193 restricted shares of the Issuer's Class A Common Stock (the "Time-Based 2024 Award"), which, subject to the reporting person's continuous employment through the applicable vesting dates, with certain exceptions, will vest ratably over four years following the grant date. The Time-Based 2024 Award was granted under and subject to the terms of the Amended and Restated 2014 Restricted Share Plan and an award agreement.
F2 These shares were withheld on January 1, 2024, to satisfy the reporting person's income tax obligations in connection with the vesting of one-fourth of the time-based restricted shares awarded to the reporting person on January 1, 2023.
F3 These shares were withheld on January 3, 2024, to satisfy the reporting person's income tax obligations in connection with the vesting of one-fourth of the time-based restricted shares awarded to the reporting person on January 3, 2022.