SEC Form 4 · accession 0001179110-17-011630
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
Aug 15, 2017
Accepted (ET)
Aug 17, 2017 · 5:32 pm 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 stockF2 | Aug 15, 2017 | M | 9,425 | $25.51 | A | 11,349 | D | |
| Class A common stockF1 | Aug 15, 2017 | S | 9,425 | $54.44 | 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)F2 | $25.51 | Aug 15, 2017 | M | 9,425 | D | — | Mar 5, 2024 | Class A common stock | 9,425 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.38 to $54.53, 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).
- F29,425 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.