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