SEC Form 4 · accession 0000899243-18-016792
AMERICOLD REALTY TRUST · COLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Musgrave
Officer — See Remarks
Period of report
Jun 13, 2018
Accepted (ET)
Jun 15, 2018 · 5:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001455863
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares of Beneficial Interest | Jun 13, 2018 | M | 100,000 | $9.81 | A | 100,000 | D | |
| Common Shares of Beneficial Interest | Jun 13, 2018 | F | 70,056 | $21.70 | D | 29,944 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1,F2 | $9.81 | Jun 13, 2018 | M | 55,000 | D | — | May 30, 2022 | Common Shares of Beneficial Interest | 55,000 | 0 | D |
| Stock OptionF1,F3 | $9.81 | Jun 13, 2018 | M | 25,000 | D | — | Jun 24, 2023 | Common Shares of Beneficial Interest | 25,000 | 0 | D |
| Stock OptionF1,F4 | $9.81 | Jun 13, 2018 | M | 20,000 | D | — | Dec 19, 2023 | Common Shares of Beneficial Interest | 20,000 | 85,000 | D |
Explanation of responses
- F1On June 13, 2018, Mr. Musgrave made a net exercise of 100,000 stock options, resulting in his acquisition of 29,944 common shares of Americold Realty Trust (the "Company"). The transactions described herein were pursuant to an exception to a lock-up agreement between Mr. Musgrave and the underwriters with respect to the initial public offering of the Company.
- F2Options to acquire common shares vested 20% on October 31, 2012, 2013, 2014, 2015 and 2016.
- F3Options to acquire common shares vested 20% on February 25, 2014, 2015, 2016, 2017 and 2018.
- F4Options to acquire common shares vested 20% on December 19, 2014, 2015, 2016 and 2017 and remainder vest on December 19, 2018.
Remarks
Chief Information Officer and Executive Vice President