0001455863-20-000068.txt : 20200310 0001455863-20-000068.hdr.sgml : 20200310 20200310165128 ACCESSION NUMBER: 0001455863-20-000068 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200308 FILED AS OF DATE: 20200310 DATE AS OF CHANGE: 20200310 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: 20702373 MAIL ADDRESS: STREET 1: AMERICOLD REALTY TRUST STREET 2: 10 GLENLAKE PARKWAY NE, SUITE 700 CITY: ATLANTA STATE: 2Q 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_158387347013758.xml FORM 4 X0306 4 2020-03-08 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 Common Shares of Beneficial Interest 2020-03-08 4 M 0 1146 0 A 12437 D Common Shares of Beneficial Interest 2020-03-08 4 F 0 345 31.48 D 12092 D Restricted Stock Units 2020-03-08 4 M 0 1146 0 D Common Shares of Beneficial Interest 1146.0 2294 D Restricted Stock Units 2020-03-08 4 A 0 3971 0 A Common Shares of Beneficial Interest 3971.0 3971 D Performance OP Profits Units 2020-03-08 4 A 0 3971 0 A Common Shares of Beneficial Interest 3971.0 3971 D Each restricted stock unit ("RSU") represents the right to acquire one common share of Americold Realty Trust. The RSUs vested one-third on March 8, 2020 and the remainder will vest ratably on March 8, 2021 and 2022. Represents OP Profits Units ("OP Profits Units")of Americold Realty Operating Partnership, L.P. ("Operating Partnership"), which will vest ratably on March 8, 2021, 2022 and 2023. The 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 OP Profits Units for federal income tax purposes, each vested 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 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 common share of Americold Realty Trust (the "Company") (the "Common Shares"), except that the Company may, at its election, acquire each Common Unit so presented for one Common Share. The rights to convert vested OP Profits Units into Common Units and redeem Common Units have no expiration dates. 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, 2020 - Dec 31, 2022). 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. 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 common share of Americold Realty Trust (the "Company") (the "Common Shares"), except that the Company may, at its election, acquire each Common Unit so presented for one Common Share. The rights to convert vested Performance OP Profits Units into Common Units and redeem Common Units have no expiration dates. /s/ James C. Snyder, attorney-in-fact 2020-03-10