SEC Form 4 · accession 0001209191-17-027607
CoreSite Realty Corp · COR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Koehler
Director
Period of report
Apr 17, 2017
Accepted (ET)
Apr 19, 2017 · 9:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001490892
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | Apr 17, 2017 | A | 131 | A | — | — | Common Stock | 131 | 15,361 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents the right to receive one share of common stock of the issuer. The reporting person also holds a tandem Dividend Equivalent ("DE") for each RSU held, which gives the reporting person the right to receive, upon the payment of any ordinary quarterly cash dividend paid to holders of common stock of the issuer, an equivalent payment in the form of additional RSUs based on the fair market value of the issuer's common stock on the date of payment.
- F2One hundred sixteen (116) RSUs vest immediately with the remaining RSUs vesting on May 19, 2017. Pursuant to a deferral election made by the reporting person, vested RSUs are payable upon the earliest of (a) the reporting person's separation from service with the issuer, (b) the reporting person's death or (c) the date of a change in control of the issuer.
- F3The RSUs have no expiration date.