Form Type: 4

SEC EDGAR Link
Accession Number:0001455863-23-000024
Date:2023-03-08
Issuer: AMERICOLD REALTY TRUST (COLD)
Original Submission Date:

Reporting Person:

NOVOSEL THOMAS C
10 GLENLAKE PARKWAY
SOUTH TOWER, SUITE 600 ATLANTA, GA 30328

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON SHARES OF BENEFICIAL INTEREST 2023-03-08 M 1,325 a $0.00 6,401 direct
COMMON SHARES OF BENEFICIAL INTEREST 2023-03-08 F 474 d $29.69 5,927 direct
COMMON SHARES OF BENEFICIAL INTEREST 2023-03-08 M 1,542 a $0.00 7,469 direct
COMMON SHARES OF BENEFICIAL INTEREST 2023-03-08 F 479 d $29.69 6,990 direct
COMMON SHARES OF BENEFICIAL INTEREST 2023-03-08 M 1,229 a $0.00 8,219 direct
COMMON SHARES OF BENEFICIAL INTEREST 2023-03-08 F 440 d $29.69 7,779 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS 0.0 2023-03-08 deemed execution date M 1,325 (d) common shares of beneficial interest 1,325 $0.00 0 direct
RESTRICTED STOCK UNITS 0.0 2023-03-08 deemed execution date A 4,210 (a) common stock 4,210 $0.00 4,210 direct
PERFORMANCE OP PROFITS UNITS 0.0 2023-03-08 deemed execution date A 4,210 (a) common stock 4,210 $0.00 4,210 direct
RESTRICTED STOCK UNITS 0.0 2023-03-08 deemed execution date M 1,542 (d) common stock 1,542 $0.00 1,542 direct
RESTRICTED STOCK UNITS 0.0 2023-03-08 deemed execution date M 1,229 (d) common stock 1,229 $0.00 1,229 direct
Footnotes
IDfootnote
f1 each restricted stock unit ("rsu") represents the right to acquire one share of americold realty trust, inc. common stock. the rsu's vested one-third on each of march 8, 2021 and 2022 and 2023.
f2 each restricted stock unit ("rsu") represents the right to acquire one common share of americold realty trust. the rsu's will vest ratably on march 8, 2024, 2025 and 2026. the rsus were issued to the reporting person pursuant to the americold realty trust 2017 equity incentive plan.
f3 represents performance-based op profits units ("performance op profits units") of the operating partnership. payout of the performance op profits units will be determined based upon a comparison of the company's total shareholder return ("tsr") on a relative basis to the msci u.s. reit index at the end of the applicable performance period (jan 1, 2023 - dec 31, 2025). the performance op profits units will vest, if at all, at the end of the 3-year period contingent upon the achievement of the pre-established tsr goal. the performance op profits units were issued to the reporting person pursuant to the americold realty trust 2017 equity plan.
f4 conditioned upon minimum allocations to the capital accounts of the performance op profits units for federal income tax purposes, each vested performance op profits unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the operating partnership (a "common unit"). each common unit acquired upon conversion of a vested performance op profits unit may, at the election of the holder, be presented for redemption for cash equal to the then fair market value of a share of americold realty trust, inc. (the "company") common stock (the "common stock"), except that the company may, at its election, acquire each common unit so presented for one share of common stock. the rights to convert vested performance op profits units into common units and redeem common units have no expiration dates.
f5 each restricted stock unit ("rsu") represents the right to acquire one common share of americold realty trust. the rsu's vested one-third on march 8, 2023 and the remainder will vest ratably on march 8, 2024 and 2025.
f6 each restricted stock unit ("rsu") represents the right to acquire one common share of americold realty trust. the rsu's vested one-third on each of march 8, 2022, and 2023 and the remainder will vest on march 8, 2024.
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