Patricia Higgins - 28 Dec 2021 Form 4 Insider Report for CoreSite Realty Corp

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
29 Dec 2021, 19:04:03 UTC
Prior SEC filing
15 Dec 2021
Next SEC filing
10 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Derek S. McCandless, Attorney-in-Fact

Key filing fact

Patricia Higgins filed Form 4 for CoreSite Realty Corp on 29 Dec 2021.

Key facts

  • This page summarizes Patricia Higgins's Form 4 filing for CoreSite Realty Corp.
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 29 Dec 2021, 19:04.

Change

  • Previous filing in this sequence was filed on 15 Dec 2021.
  • 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.

COR transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-1,078
Change %
-100%
Price
Shares after
0
Date
28 Dec 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

COR transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-1,509
Change %
-100%
Price
Shares after
0
Date
28 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,509
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 2 footnotes

Footnote F1

In connection with the consummation of the Company Merger (as defined below), at the Company Merger Effective Time (as defined below), each share of common stock, par value $0.01 per share ("Company Common Stock"), of CoreSite Realty Corporation (the "Company") that was outstanding immediately prior to the Company Merger Effective Time (other than certain shares specified in the Merger Agreement (as defined below)) was automatically converted into the right to receive $170.00 in cash (the "Offer Price"), without interest and subject to required withholding taxes.

Footnote F2

At the Company Merger Effective Time, each award of restricted stock units ("Company Restricted Stock Unit Award") that was outstanding as of immediately prior to the Company Merger Effective Time vested in accordance with the terms of the applicable award agreement and all restrictions thereupon lapsed, and each such Company Restricted Stock Unit Award was converted into the right to receive a cash payment equal to the product of (i) the number of shares of Company Common Stock underlying such Restricted Stock Unit Award as of immediately prior to the Company Merger Effective Time and (ii) the Offer Price.

SEC remarks

This Form 4 reports securities disposed of under the terms of the Agreement and Plan of Merger (as amended or supplemented from time to time, the "Merger Agreement"), dated as of November 14, 2021, by and among the Company, CoreSite, L.P. ("Partnership"), Appleseed Merger Sub LLC ("Purchaser"), American Tower Investments LLC ("Parent"), Appleseed Holdco LLC ("Holdco"), Appleseed OP Merger Sub LLC ("OP Merger Sub") and, solely for the purposes of certain provisions specified therein, American Tower Corporation. Pursuant to the Merger Agreement, on December 28, 2021, (i) Purchaser merged with and into the Company, with the Company surviving as a wholly owned subsidiary of Holdco (the "Company Merger", and the effective time of such merger, the "Company Merger Effective Time"); (ii) substantially simultaneously with the Merger but preceding the Holdco Merger, OP Merger Sub merged with and into the Partnership, with the Partnership continuing as the surviving limited partnership (the "Partnership Merger"); and (iii) immediately following the Company Merger but after the Partnership Merger, the Company merged with and into Holdco, with Holdco continuing as the surviving limited liability company. A copy of the Merger Agreement is included as Exhibit 2.1 to the Company's Form 8-K filed with the SEC on November 14, 2021.

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