SEC Form 4 · accession 0001179110-18-003798

QTS Realty Trust, Inc. · QTS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Operating Officer

Period of report

Mar 6, 2018

Accepted (ET)

Mar 7, 2018 · 6:17 pm EST

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 stock^F1	Mar 6, 2018	F	346	$33.90	D	5,487	D
Class A common stock^F3	Mar 7, 2018	C	395	—	A	5,882	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Class O LTIP units of Operating Partnership^F2	—	Mar 7, 2018	C	750	D	—	—	Class A units of Operating Partnership	395	0	D
Class A units of Operating Partnership^F2	—	Mar 7, 2018	C	395	A	—	—	Class A common stock	395	395	D
Class A units of Operating Partnership^F2	—	Mar 7, 2018	C	395	D	—	—	Class A common stock	395	0	D

F1Reflects shares surrendered to the Issuer to satisfy tax withholding obligation in connection with the vesting of restricted shares.
F2Each 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.
F3Shares acquired on conversion of 395 Class A units of Operating Partnership.