0001618563-17-000079.txt : 20170602 0001618563-17-000079.hdr.sgml : 20170602 20170602163537 ACCESSION NUMBER: 0001618563-17-000079 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170531 FILED AS OF DATE: 20170602 DATE AS OF CHANGE: 20170602 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: National Storage Affiliates Trust CENTRAL INDEX KEY: 0001618563 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 465053858 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5200 DTC PARKWAY STREET 2: SUITE 200 CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 BUSINESS PHONE: 720-630-2600 MAIL ADDRESS: STREET 1: 5200 DTC PARKWAY STREET 2: SUITE 200 CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Meisinger Chad LeRoy CENTRAL INDEX KEY: 0001639578 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37351 FILM NUMBER: 17888478 MAIL ADDRESS: STREET 1: 71 VIA SONRISA CITY: SAN CLEMENTE STATE: CA ZIP: 92673 4 1 wf-form4_149643571982734.xml FORM 4 X0306 4 2017-05-31 0 0001618563 National Storage Affiliates Trust NSA 0001639578 Meisinger Chad LeRoy 71 VIA SONRISA SAN CLEMENTE CA 92673 1 0 0 0 Class A OP Units 2017-05-31 4 A 0 2459 24.40 A Common shares of beneficial interest, $0.01 par value 2459.0 18554 D LTIP Units 2017-05-31 4 C 0 13200 D Class A OP Units 13200.0 5354 D Class A OP Units 2017-05-31 4 C 0 13200 A Common shares of beneficial interest, $0.01 par value 13200.0 18554 D The 2,459 Class A common units of limited partner interest ("Class A OP Units") in NSA OP, LP (the "Partnership") are issuable upon the conversion of 2,459 long-term incentive plan units ("LTIP Units") in the Partnership. The LTIP Units were granted to the Reporting Person under the Issuer's 2015 Equity Incentive Plan, and are scheduled to vest on May 23, 2018. Vested LTIP Units, after achieving parity with Class A OP Units, are eligible to be converted into Class A OP Units on a one-for-one basis upon the satisfaction of conditions set forth in the Partnership's agreement of limited partnership. Upon conversion of such vested parity LTIP Units into Class A OP Units, the Reporting Person will have the right to cause the Partnership to redeem a portion of the Reporting Person's Class A OP Units for cash in an amount equal to the market value of an equivalent number of the Issuer's common shares of beneficial interest ("Shares"), or at the Issuer's option, Shares on a one-for-one basis, subject to certain adjustments. N/A The price of the derivative securities was determined using the three-day trailing average closing price of the Issuer's Shares on May 24, 2017. The Reporting Person's total direct beneficial ownership following the reported transactions above is 18,554 Class A OP Units, which includes those Class A OP Units previously reported and the Class A OP Units reported herein (together with those securities convertible into, or exchangeable for, such Class A OP Units as specified herein and therein). Following the reported transactions, the Reporting Person has total direct beneficial ownership in 2,895 vested LTIP Units and 2,459 unvested LTIP Units. The 18,554 Class A OP Units do not include derivative securities of other classes or non-derivative securities of the Reporting Person that were previously reported. Consists of 13,200 vested LTIP Units held by the Reporting Person which were converted into 13,200 Class A OP Units as described in footnote 1 above. The Reporting Person previously reported the 13,200 LTIP Units that were converted into Class A OP Units as described in this Form 4 as Class A OP Units on an as-converted basis. Accordingly, the conversion described in this Form 4 is being reported on a voluntary basis solely to provide notice of the conversion of the Reporting Person's 13,200 LTIP Units into 13,200 Class A OP Units. Chad L. Meisinger, by Jason Parsont, his Attorney-in-fact 2017-06-02