SEC Form 4 · accession 0001618563-17-000048
National Storage Affiliates Trust · NSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arlen Dale Nordhagen
Officer — Chief Executive Officer · Director
Period of report
Feb 13, 2017
Accepted (ET)
Mar 28, 2017 · 5:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001618563
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common shares of beneficial interest, $0.01 par valueF1,F2,F3 | Feb 13, 2017 | C | 30,000 | $0.00 | A | 176,700 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A OP UnitsF1,F2,F3,F4 | — | Feb 13, 2017 | C | 30,000 | D | — | — | Common shares of beneficial interest, $0.01 par value | 30,000 | 2,524,487 | I |
Explanation of responses
- F1The Reporting Person redeemed 30,000 Class A common units of limited partner interest (the "Class A OP Units") of NSA OP, LP (the "Partnership"), of which National Storage Affiliates Trust (the "Issuer") is the general partner. These Class A OP Units were held by Salt Lick Productions, LLC ("Salt Lick"), which received 30,000 common shares of beneficial interest ("Shares") of the Issuer upon redemption. The Reporting Person has or shares voting and investment power with respect to Salt Lick.
- F2This filing shall not be deemed to be an admission that the Reporting Person is the beneficial owner of any of the securities reported herein, and the Reporting Person disclaims beneficial ownership of such securities except to the extent of the Reporting Person's pecuniary interest therein.
- F3The Reporting Person's total direct and indirect beneficial ownership following the reported transactions above is (i) 176,700 Shares, and (ii) 2,524,487 Class A OP Units (which includes those securities convertible into, or exchangeable for, such Class A OP Units as previously reported). The 2,524,487 Class A OP Units referred to above do not include derivative securities of other classes or non-derivative securities of the Reporting Person that were previously reported.
- F4N/A