Harold Perry - Apr 1, 2025 Form 4 Insider Report for SmartStop Self Storage REIT, Inc. (SMA)

Role
Director
Signature
/s/ Harold Perry
Stock symbol
SMA
Transactions as of
Apr 1, 2025
Transactions value $
$90,000
Form type
4
Date filed
4/3/2025, 06:05 PM
Previous filing
Jun 27, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMA Common Stock Purchase $90K +3K $30.00 3K Apr 2, 2025 Direct F1
holding SMA Class A Common Stock 9.66K Apr 1, 2025 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SMA Long-Term Incentive Plan Units Award $0 +7.68K $0.00 7.68K Apr 1, 2025 Class A Common Stock 7.68K $0.00 Direct F4, F5
transaction SMA Long-Term Incentive Plan Units Award $0 +1.92K $0.00 1.92K Apr 2, 2025 Class A Common Stock 1.92K $0.00 Direct F4, F6
holding SMA Long-Term Incentive Plan Units 2.98K Apr 1, 2025 Class A Common Stock 2.98K $0.00 Direct F3, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 3,000 shares of common stock acquired pursuant to a directed share program in connection with the Issuer's underwritten public offering, which shares were purchased at the public offering price.
F2 Represents 9,657.19 shares of Class A Common Stock previously reported as being owned by the Reporting Person.
F3 Includes securities previously reported as being owned by the Reporting Person adjusted for the one-for-four reverse stock split of the Issuer's issued and outstanding shares of Class A Common Stock and the one-for-four reverse unit split of the Operating Partnership's (as defined below) issued and outstanding partnership units (collectively, the "Reverse Equity Splits"). As a result of the Reverse Equity Splits, every four shares of the Issuer's Class A Common Stock and every four of the Operating Partnership's partnership units were automatically changed into one issued and outstanding share of Class A Common Stock or partnership units, as applicable, rounded to the nearest 1/1000th share or partnership unit.
F4 Represents long-term incentive plan units ("LTIP Units") of SmartStop OP, L.P., the Issuer's operating partnership (the "Operating Partnership"). Vested LTIP Units are convertible into Class A common units of the Operating Partnership ("Class A Common Units"). Class A Common Units are redeemable by the holder for, at the election of the Issuer, shares of the Issuer's Class A Common Stock on a one-for-one basis or the cash value of such shares.
F5 Represents 7,678 LTIP Units issued to the Reporting Person pursuant to the Issuer's incentive plan, which LTIP Units vest ratably over four years commencing on the first anniversary of the issuance thereof, subject to the Reporting Person's continued service through each vesting date.
F6 Represents 1,920 LTIP Units issued to the Reporting Person pursuant to the Issuer's incentive plan, which LTIP Units vest ratably over four years commencing on the first anniversary of the issuance thereof, subject to the Reporting Person's continued employment or service through each vesting date.
F7 Represents 2,980.25 LTIP Units previously reported as being owned by the Reporting Person. The LTIP Units were issued to the Reporting Person in connection with his reelection to the board of directors and vest one year from each such reelection.