SEC Form 4 · accession 0000899243-18-031106
AMERICOLD REALTY TRUST · COLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrea Darweesh
Officer — Chief HR Officer and EVP
Period of report
Dec 13, 2018
Accepted (ET)
Dec 14, 2018 · 5:05 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 Interest | Dec 13, 2018 | M | 115,000 | $9.81 | A | 115,000 | D | |
| Common Shares of Beneficial InterestF1 | Dec 13, 2018 | S | 115,000 | $27.444 | D | 0 | D | |
| Common Shares of Beneficial Interest | Dec 13, 2018 | M | 5,000 | $9.81 | A | 5,000 | D | |
| Common Shares of Beneficial Interest | Dec 13, 2018 | F | 3,239 | $27.60 | D | 1,761 | 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 | Dec 13, 2018 | M | 115,000 | D | — | Sep 9, 2027 | Common Shares of Beneficial Interest | 115,000 | 185,000 | D |
| Stock OptionF4,F3 | $9.81 | Dec 13, 2018 | M | 5,000 | D | — | Sep 9, 2027 | Common Shares of Beneficial Interest | 5,000 | 180,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $27.20 to $27.625, 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 December 13, 2018, Ms. Darweesh made an exercise of 115,000 stock options and sold 115,000 common shares of beneficial interest.
- F3Options to acquire common shares vested 20% each on September 9, 2017 and 2018 and remainder to vest ratably on September 9, 2019, 2020, and 2021.
- F4On December 13, 2018, Ms. Darweesh made a net exercise of 5,000 stock options, resulting in her acquisition of 1,761 common shares of Americold Realty Trust.