Mazen Rawashdeh - 31 Aug 2021 Form 4 Insider Report for QTS Realty Trust, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 31 Aug 2021
Net transaction value: -$1,035,745
SEC form: 4
Accepted by SEC: 02 Sep 2021, 16:06:44 UTC
Next SEC filing: 22 May 2025
Source filing: View source filing
Reporting owner signature: /s/ Aga Carpenter, as attorney in fact for Mazen Al-Rawashdeh

Key filing fact

Mazen Rawashdeh filed Form 4 for QTS Realty Trust, Inc. on 02 Sep 2021.

Key facts

This page summarizes Mazen Rawashdeh's Form 4 filing for QTS Realty Trust, Inc..
4 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 02 Sep 2021, 16:06.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$1,035,745.

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.

QTS transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares: -6,984
Change %: -100%
Price
Shares after: 0
Date: 31 Aug 2021
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

QTS transaction Derivative

Employee Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $202,166
Shares: -10,674
Change %: -100%
Price: $18.94^*
Shares after: 0
Date: 31 Aug 2021
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 10,674
Exercise price: $59.06
Footnotes: F2

QTS transaction Derivative

Employee Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $274,403
Shares: -12,968
Change %: -100%
Price: $21.16
Shares after: 0
Date: 31 Aug 2021
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 12,968
Exercise price: $56.84
Footnotes: F3

QTS transaction Derivative

Employee Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $559,177
Shares: -15,537
Change %: -100%
Price: $35.99
Shares after: 0
Date: 31 Aug 2021
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 15,537
Exercise price: $42.01
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 4 footnotes

Footnote F1

Includes Class A common stock and deferred share units ("DSUs") granted under the QTS Realty Trust, Inc. 2013 Equity Incentive Plan (the "Plan") that represented the contingent right to receive one share of Class A common stock and vesting of the DSU one year after the date of grant. Each DSU (and any accrued dividend equivalents related thereto) vested in connection with the Merger (as defined herein). All Class A common stock was disposed of, and vested DSUs were 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 (the "Operating Partnership"), 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 share under such DSU), without interest, less any applicable withholding.

Footnote F2

These options to purchase shares of Class A common stock were granted under the Plan and vest one year after the date of grant. Each option was canceled in the Merger in exchange for a cash payment of $18.94, representing the difference between the exercise price of the option and $78.00, less any applicable income and employment withholding taxes.

Footnote F3

These options to purchase shares of Class A common stock were granted under the Plan and vest one year after the date of grant. Each option was canceled in the Merger in exchange for a cash payment of $21.16, representing the difference between the exercise price of the option and $78.00, less any applicable income and employment withholding taxes.

Footnote F4

These options to purchase shares of Class A common stock were granted under the Plan and vest one year after the date of grant. Each option was canceled in the Merger in exchange for a cash payment of $35.99, representing the difference between the exercise price of the option and $78.00, less any applicable income and employment withholding taxes.