SEC Form 4 · accession 0000899243-18-029069
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
Nov 13, 2018
Accepted (ET)
Nov 15, 2018 · 9:49 pm EST
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 InterestF1 | Nov 13, 2018 | S | 42,000 | $25.995 | D | 23,476 | D | |
| Common Shares of Beneficial Interest | Nov 13, 2018 | M | 23,000 | $9.81 | A | 46,476 | D | |
| Common Shares of Beneficial InterestF1 | Nov 13, 2018 | S | 23,000 | $25.9944 | D | 23,476 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2,F3 | $9.81 | Nov 13, 2018 | M | 23,000 | D | — | Sep 21, 2025 | Common Shares of Beneficial Interest | 23,000 | 46,000 | D |
Explanation of responses
- F1The prices reported in Column 4 are weighted average prices. These common shares were sold in multiple transactions at prices ranging from $25.95 to $26.05, inclusive. The reporting person undertakes to provide to Americold Realty Trust, any security holder of Americold Realty Trust, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common shares sold at each separate price within the range set forth above.
- F2On November 13, 2018, Mr. Musgrave made a net exercise of 23,000 stock options.
- F3Options to acquire common shares vested 20% on September 21, 2016, 2017 and 2018 and remainder vest ratably on September 21, 2019 and 2020.
Remarks
Executive Vice President and Chief Technology Officer