Dana Hamilton - 19 Jul 2023 Form 4 Insider Report for LIFE STORAGE, INC.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Jul 2023, 12:51:14 UTC
Prior SEC filing
22 May 2023
Next SEC filing
03 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Andrew J. Gregoire - attorney in fact

Key filing fact

Dana Hamilton filed Form 4 for LIFE STORAGE, INC. on 20 Jul 2023.

Key facts

  • This page summarizes Dana Hamilton's Form 4 filing for LIFE STORAGE, INC..
  • 4 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 20 Jul 2023, 12:51.

Change

  • Previous filing in this sequence was filed on 22 May 2023.
  • Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LSI transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-3,811
Change %
-100%
Price
Shares after
0
Date
20 Jul 2023
Ownership
Direct
Footnotes
F7, F8

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LSI transaction Derivative

Common stock unit

Award

Transaction value
Shares
+22
Change %
+0.65%
Price
Shares after
3,407
Date
19 Jul 2023
Ownership
Direct
Underlying class
Common stock
Underlying amount
22
Exercise price
$0.000000
Footnotes
F1, F2
LSI transaction Derivative

Common stock unit

Disposed to Issuer

Transaction value
Shares
-3,407
Change %
-100%
Price
Shares after
0
Date
20 Jul 2023
Ownership
Direct
Underlying class
Common stock
Underlying amount
3,407
Exercise price
Footnotes
F3, F4
LSI transaction Derivative

Deferred Common Stock Unit

Disposed to Issuer

Transaction value
Shares
-2,821
Change %
-100%
Price
Shares after
0
Date
20 Jul 2023
Ownership
Direct
Underlying class
Common stock
Underlying amount
2,821
Exercise price
Footnotes
F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Dana Hamilton is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 8 footnotes

Footnote F1

Phantom shares of Common Stock ("Units") have no expiration date but were cancelled and converted into the right to receive merger consideration in connection with the merger agreement between issuer, Extra Space Storage Inc. and certain other parties.

Footnote F2

Units acquired in lieu of dividends on deferred directors' fees pursuant to the Company's Deferred Compensation Plan for Directors. The number of Units was determined by dividing the amount of the dividend payable on the Units by the closing price of the Company's Common Stock on the dividend record date July 13, 2023, $138.03.

Footnote F3

Phantom shares of Common Stock acquired in lieu of director's fees pursuant to the Company's Deferred Compensation Plan for Directors. Such phantom shares were cancelled and converted into the right to receive merger consideration in connection with the merger agreement between issuer, Extra Space Storage Inc. and certain other parties.

Footnote F4

Disposed of pursuant to merger agreement between issuer, Extra Space Storage Inc. and certain other parties in exchange for 3,049 shares of Extra Space Storage Inc. common stock having a market value of $148.96 per share on the effective date of the merger.

Footnote F5

Phantom shares of Common Stock acquired in lieu restricted stock under the Company's Outside Director's Stock Award Plan. Such phantom shares were cancelled and converted into the right to receive merger consideration in connection with the merger agreement between issuer, Extra Space Storage Inc. and certain other parties.

Footnote F6

Disposed of pursuant to merger agreement between issuer, Extra Space Storage Inc. and certain other parties in exchange for 2,524 shares of Extra Space Storage Inc. common stock having a market value of $148.96 per share on the effective date of the merger.

Footnote F7

Disposed of pursuant to merger agreement between issuer, Extra Space Storage Inc. and certain other parties in exchange for 3,410 shares of Extra Space Storage Inc. common stock having a market value of $148.96 per share on the effective date of the merger.

Footnote F8

Adjusted for 3-for-2 stock split effective January 28, 2021.

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