Filing Details
- Accession Number:
- 0001634746-20-000005
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-10-01 12:18:05
- Reporting Period:
- 2020-09-30
- Accepted Time:
- 2020-10-01 12:18:05
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1567925 | Sila Realty Trust Inc. | NONE | Real Estate Investment Trusts (6798) | 461854011 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1634746 | A Michael Seton | 4890 West Kennedy Blvd., Suite 650 Tampa FL 33609 | President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Disposition | 2020-09-30 | 29,362 | $0.00 | 0 | No | 4 | S | Indirect | Held by Carter Validus REIT Management Company II, LLC |
Class A Common Stock | Acquisiton | 2020-10-01 | 231,214 | $0.00 | 231,214 | No | 4 | A | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | Held by Carter Validus REIT Management Company II, LLC |
No | 4 | A | Direct |
Footnotes
- The reported securities were redeemed by Sila Realty Trust, Inc. f/k/a Carter Validus Mission Critical REIT II, Inc. (the "Issuer") at a price per share of $8.65, the most recently estimated net asset value per share of the Issuer's common stock, on September 30, 2020, following the closing of the purchase of all assets from Carter Validus REIT Management Company II, LLC, the Issuer's former sponsor, and its affiliates necessary for the operation of the Issuer's business, providing for the internalization of the Issuer's external management functions.
- Prior to the reported transaction, Carter Validus REIT Management Company II, LLC was directly or indirectly controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of the shares held by Carter Validus REIT Management Company II, LLC except to the extent of his pecuniary interest therein.
- On October 1, 2020, the Issuer granted the reporting person 231,213.87 shares of the Issuer's Class A Common Stock, which, subject to the reporting person's continuous employment through the applicable vesting dates, with certain exceptions, will vest on December 31, 2024, or, if earlier, on the 15th month anniversary of the date of a "Qualified Event" (such as a listing of the Issuer's stock on a nationally recognized stock exchange or an underwritten public offering of the Issuer's stock). The award was granted under and subject to the terms of the Amended and Restated 2014 Restricted Share Plan and an award agreement.