0001455863-23-000010.txt : 20230110 0001455863-23-000010.hdr.sgml : 20230110 20230110161601 ACCESSION NUMBER: 0001455863-23-000010 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230108 FILED AS OF DATE: 20230110 DATE AS OF CHANGE: 20230110 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NOVOSEL THOMAS C CENTRAL INDEX KEY: 0001229401 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34723 FILM NUMBER: 23521335 MAIL ADDRESS: STREET 1: AMERICOLD REALTY TRUST STREET 2: 10 GLENLAKE PARKWAY NE, SUITE 700 CITY: ATLANTA STATE: GA ZIP: 30328 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICOLD REALTY TRUST CENTRAL INDEX KEY: 0001455863 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10 Glenlake Pkwy., Suite 800 S. Tower CITY: Atlanta STATE: GA ZIP: 30328 BUSINESS PHONE: 678-441-1400 MAIL ADDRESS: STREET 1: 10 Glenlake Pkwy., Suite 800 S. Tower CITY: Atlanta STATE: GA ZIP: 30328 4 1 wf-form4_167338534218638.xml FORM 4 X0306 4 2023-01-08 0 0001455863 AMERICOLD REALTY TRUST COLD 0001229401 NOVOSEL THOMAS C 10 GLENLAKE PARKWAY SOUTH TOWER, SUITE 600 ATLANTA GA 30328 0 1 0 0 See Remarks Performance OP Profits Units 0.0 2023-01-08 4 A 0 3296 0 A Common Stock 3296.0 3296 D Represents performance-based OP Profits Units ("Performance OP Profits Units") of the Operating Partnership initially granted on March 8, 2020 subject to a performance-based vesting condition. Payout of the Performance OP Profits Units was 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, 2020 - Dec 31, 2022). The Performance OP Profits Units vested on January 8, 2023, based upon achievement of 83% of the pre-established TSR goal as approved by the Company's Compensation Committee. The Performance OP Profits Units were issued to the reporting person pursuant to the Americold Realty Trust 2017 Equity Plan. 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 be presented for redemption, at the election of the holder, 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. Senior Vice President & Chief Accounting Officer /s/ James C. Snyder, Jr., attorney-in-fact 2023-01-10