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Filing Details

Accession Number:: 0001455863-23-000056
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-11-29 16:27:08
Reporting Period:: 2023-11-28

Accepted Time:: 2023-11-29 16:27:08
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1455863	Americold Realty Trust	COLD	Real Estate Investment Trusts (6798)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1775862	Scott Robert Chambers	10 Glenlake Parkway Suite 600, South Tower Atlanta GA 30328	Evp, Chief Commercial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2023-11-28	9,100	$28.22	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Performance OP Profits Units	Disposition	2023-11-28	9,100	$0.00	9,100	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,765			No	4	M	Direct

Footnotes

The price reported in column 4 is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $28.22 to $28.23, inclusive. The reporting person undertakes to provide to Americold Realty Trust, any security holder of Americold Realty Trust, or the staff of the Securities and Exchange Commission, upon request, full in information regarding the number of common shares sold at each separate price within the range set forth above.
The Performance-based Operating Profits Units ("POPUs") were originally granted to the reporting person pursuant to the Americold Realty Trust 2017 Equity Incentive Plan on March 8, 2020. Vesting of the POPUs was determined based upon a comparison of the Company's total shareholder return ("TSR") on a relative basis to the MSCI U.S. REIT Index at the end of the applicable performance period (Jan. 1, 2020 - Dec. 31, 2022). The POPUs vested at the end of the 3-year period based upon achievement of 83% of the pre-established TSR goal.
Conditioned upon minimum allocations to the capital accounts of the POPUs for federal income tax purposes, each vested POPU may be converted, at the election of the holder, into a common unit of limited partnership interest in the Operating Partnership (a "Common Unit"). Each Common Unit acquired upon conversion of a vested POPU may, at the election of the holder, be presented for redemption for cash equal to the then fair market value of a share of Americold Realty Trust, Inc. (the "Company") common stock (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested POPUs into Common Units and redeem Common Units have no expiration dates.