SEC Form 4 · accession 0001209191-17-022862
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
Mar 22, 2017
Accepted (ET)
Mar 24, 2017 · 7:29 pm EDT
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 Stock | Mar 22, 2017 | M | 22,066 | $32.40 | A | 133,993 | D | |
| Common StockF2,F3 | Mar 22, 2017 | S | 3,724 | $87.57 | D | 130,269 | D | |
| Common StockF2,F4 | Mar 22, 2017 | S | 10,576 | $88.46 | D | 119,693 | D | |
| Common StockF2,F5 | Mar 22, 2017 | S | 600 | $89.27 | D | 119,093 | 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)F6 | $32.40 | Mar 22, 2017 | M | 22,066 | D | — | Feb 28, 2023 | Common Stock | 22,066 | 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.
- F2Represents shares sold by the reporting person to cover the exercise price and tax obligations upon the exercise of the options.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $87.11 to $88.09, 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, 4 and 5.
- F4The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $88.12 to $89.11, inclusive.
- F5The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $89.13 to $89.46, inclusive.
- F6The stock options were granted under the issuer's 2010 Equity Incentive Award Plan and vest and become exercisable in four equal annual installments beginning on February 28, 2014, provided that the reporting person remains employed by the issuer as of each vesting date.