Michael A. Seton - Jan 1, 2023 Form 4 Insider Report for Sila Realty Trust, Inc. (NONE)

Signature
/s/ Michael A. Seton
Stock symbol
NONE
Transactions as of
Jan 1, 2023
Transactions value $
-$100,226
Form type
4
Date filed
1/3/2023, 03:19 PM
Previous filing
Jun 17, 2022
Next filing
Jan 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Class A Common Stock Award $0 +138K +31% $0.00 585K Jan 1, 2023 Direct F1
transaction NONE Class A Common Stock Tax liability -$100K -12.2K -2.09% $8.22* 573K Jan 3, 2023 Direct F2
* 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 138,381.995 restricted shares of the Issuer's Class A Common Stock (the "Time-Based 2023 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 2023 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 3, 2023, 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.