0001462216-23-000001.txt : 20230223 0001462216-23-000001.hdr.sgml : 20230223 20230223174728 ACCESSION NUMBER: 0001462216-23-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230221 FILED AS OF DATE: 20230223 DATE AS OF CHANGE: 20230223 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Schwartz H. Michael CENTRAL INDEX KEY: 0001462216 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55617 FILM NUMBER: 23661322 MAIL ADDRESS: STREET 1: 10 TERRACE ROAD CITY: LADERA RANCH STATE: CA ZIP: 92694 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SmartStop Self Storage REIT, Inc. CENTRAL INDEX KEY: 0001585389 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 461722812 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10 TERRACE ROAD CITY: LADERA RANCH STATE: CA ZIP: 92694 BUSINESS PHONE: 949 429 6600 MAIL ADDRESS: STREET 1: 10 TERRACE ROAD CITY: LADERA RANCH STATE: CA ZIP: 92694 FORMER COMPANY: FORMER CONFORMED NAME: Strategic Storage Trust II, Inc. DATE OF NAME CHANGE: 20130828 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2023-02-21 0 0001585389 SmartStop Self Storage REIT, Inc. n/a 0001462216 Schwartz H. Michael 10 TERRACE ROAD LADERA RANCH CA 92694 1 1 1 0 Chief Executive Officer Class A Common Stock 483224 I See Footnote 1. Class A Common Stock 117260.79 I Through Schwartz Family Trust dated September 22, 2003 Class A Common Units 0 Class A Common Stock 116.45 116.45 D Class A Common Units 0 Class A Common Stock 386173 386173 I See Footnote 4. Long-Term Incentive Plan Units 0 2023-02-21 4 A 0 191429 0 A Class A Common Stock 191429 551876.16 I Through Schwartz Family Trust dated September 22, 2003 Long-Term Incentive Plan Units 0 2023-02-21 4 A 0 188572 0 A Class A Common Stock 188572 428870.21 I Through Schwartz Family Trust dated September 22, 2003 Class A-1 Units 0 Class A Common Stock 9590781.71 9590781.71 I See Footnote 9. Represents 483,224 shares of Class A Common Stock owned by SmartStop OP Holdings, LLC ("SOH") previously reported as being owned by the Reporting Person. SOH is indirectly owned and controlled by the Reporting Person. Represents 117,260.79 shares of restricted stock previously reported as being owned by the Reporting Person. Represents Class A common units ("Class A Common Units") of SmartStop OP, L.P., the Issuer's operating partnership (the "Operating Partnership"). Class A Common Units are redeemable by the holder for, at the election of the Issuer, shares of Class A Common Stock of the Issuer on a one-for-one basis or the cash value of such shares. Represents 386,173 Class A Common Units owned by SOH previously reported as being owned by the Reporting Person. Represents long-term incentive plan units ("LTIP Units") of the Operating Partnership. Vested LTIP Units are convertible into Class A Common Units. Represents 191,429 LTIP Units issued to the Reporting Person pursuant to the Issuer's incentive plan, which LTIP Units vest ratably over four years commencing on December 31, 2023, subject to the Reporting Person's continued employment or service through each vesting date. Represents 188,572 LTIP Units issued to the Reporting Person pursuant to the Issuer's incentive plan, which number is equal to 200% of the target number of LTIP Units to be issued upon vesting. The actual number of LTIP Units to be issued upon vesting can range from 0% to 100% of the number of LTIP Units reported, based on achievement of specified performance measures. Assuming the achievement of the specified performance measures, the LTIP Units, as adjusted, will vest no later than March 31, 2026. Represents Class A-1 limited partnership units ("Class A-1 Units") of the Operating Partnership. Class A-1 Units are redeemable by the holder for, at the election of the Issuer, shares of Class A Common Stock of the Issuer on a one-for-one basis or the cash value of such shares. Represents 9,590,781.71 Class A-1 Units owned by SOH previously reported as being owned by the Reporting Person. /s/ H. Michael Schwartz 2023-02-23