0001455863-23-000056.txt : 20231129 0001455863-23-000056.hdr.sgml : 20231129 20231129162708 ACCESSION NUMBER: 0001455863-23-000056 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231128 FILED AS OF DATE: 20231129 DATE AS OF CHANGE: 20231129 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CHAMBERS ROBERT SCOTT CENTRAL INDEX KEY: 0001775862 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34723 FILM NUMBER: 231452576 MAIL ADDRESS: STREET 1: 11465 JOHNS CREEK PARKWAY, SUITE 400 CITY: JOHNS CREEK STATE: GA ZIP: 30097 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 wk-form4_1701293215.xml FORM 4 X0508 4 2023-11-28 0 0001455863 AMERICOLD REALTY TRUST COLD 0001775862 CHAMBERS ROBERT SCOTT 10 GLENLAKE PARKWAY SUITE 600, SOUTH TOWER ATLANTA GA 30328 0 1 0 0 EVP, Chief Commercial Officer 0 Common Stock 2023-11-28 2023-11-28 4 S 0 9100 28.22 D 0 D Performance OP Profits Units 0 2023-11-28 2023-11-28 4 M 0 9100 0 D Common Stock 9100 2765 D The price reported in column 4 is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $28.22 to $28.23, inclusive. The reporting person undertakes to provide to Americold Realty Trust, any security holder of Americold Realty Trust, or the staff of the Securities and Exchange Commission, upon request, full in information regarding the number of common shares sold at each separate price within the range set forth above. The Performance-based Operating Profits Units ("POPUs") were originally granted to the reporting person pursuant to the Americold Realty Trust 2017 Equity Incentive Plan on March 8, 2020. Vesting of the POPUs 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 POPUs vested at the end of the 3-year period based upon achievement of 83% of the pre-established TSR goal. Conditioned upon minimum allocations to the capital accounts of the POPUs for federal income tax purposes, each vested POPU 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 POPU 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 POPUs into Common Units and redeem Common Units have no expiration dates. Marc J. Smernoff, attorney-in-fact 2023-11-29