SEC Form 4 · accession 0001179110-18-003241
QTS Realty Trust, Inc. · QTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shirley E. Goza
Officer — Secretary
Period of report
Mar 1, 2018
Accepted (ET)
Mar 2, 2018 · 3:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001577368
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class O LTIP units of Operating PartnershipF1 | — | Mar 1, 2018 | C | 3,125 | D | — | — | Class A units of Operating Partnership | 1,646 | 0 | D |
| Class A units of Operating PartnershipF1 | — | Mar 1, 2018 | C | 1,646 | A | — | — | Class A common stock | 1,646 | 11,646 | D |
Explanation of responses
- F1Each Class O LTIP unit is convertible by the Company's operating partnership or by the holder into Class A units at any time, and upon such equalization of the capital account of a Class O LTIP unit (and full vesting of the Class O LTIP unit, if such unit is subject to vesting and being converted by the holder), the Class O LTIP unit will be convertible into a number of Class A units equal to (i) the Class O LTIP unit's capital account divided by (ii) the capital account balance of a Class A unit (i.e., in a manner similar to a typical stock appreciation right), subject to certain exceptions and adjustments. Class A units became redeemable for cash or, at the Company's election, shares of the Company's Class A common stock on a one-for-one basis in November 2014.