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