SEC Form 4 · accession 0001209191-17-017009
CoreSite Realty Corp · COR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey S Finnin
Officer — CFO and Treasurer
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 8:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001490892
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Feb 28, 2017 | S | 9,400 | $90.26 | D | 99,444 | D | |
| Common Stock | Mar 1, 2017 | M | 23,795 | $23.99 | A | 123,239 | D | |
| Common StockF4,F5 | Mar 1, 2017 | S | 8,084 | $89.24 | D | 115,155 | D | |
| Common StockF4,F6 | Mar 1, 2017 | S | 5,416 | $89.64 | D | 109,739 | D | |
| Common StockF7,F8 | Mar 2, 2017 | S | 1,025 | $90.11 | D | 108,714 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F9 | $23.99 | Mar 1, 2017 | M | 23,795 | D | — | Apr 5, 2022 | Common Stock | 23,795 | 0 | D |
Explanation of responses
- F1The option exercise and sales were effected pursuant to a sales plan adopted by the reporting person and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
- F2Includes 1,400 shares sold by the reporting person to cover tax obligations upon the vesting of restricted stock.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $89.83 to $90.77, inclusive. The reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 3, 5, 6 and 8.
- F4Represents shares sold by the reporting person to cover the exercise price and tax obligations upon the exercise of the options.
- F5The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $88.52 to $89.51, inclusive.
- F6The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $89.52 to $89.89, inclusive.
- F7Represents shares sold by the reporting person to cover tax obligations upon the vesting of restricted stock.
- F8The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $89.84 to $90.62, inclusive.
- F9The stock options vest and become exercisable in four equal annual installments beginning on April 5, 2013, provided that the reporting person remains employed by the issuer as of each vesting date.