SEC Form 4 · accession 0001179110-17-008170
QTS Realty Trust, Inc. · QTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen E. Westhead
Director
Period of report
May 26, 2017
Accepted (ET)
May 30, 2017 · 10:21 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001577368
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A common stockF1 | May 26, 2017 | M | 11,000 | $25.51 | A | 12,924 | D | |
| Class A common stockF2 | May 26, 2017 | S | 11,000 | $52.36 | D | 1,924 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $25.51 | May 26, 2017 | M | 11,000 | D | — | Mar 5, 2024 | Class A common stock | 11,000 | 19,425 | D |
Explanation of responses
- F111,000 shares of Class A common stock were acquired upon Mr. Westhead's exercise of options to purchase shares of Class A common stock, granted on March 5, 2014 under the QTS Realty Trust, Inc. 2013 Equity Compensation Plan. All of the options vested on the first anniversary of the date of grant.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.26 to $52.44, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, 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 range set forth in this Footnote (2).