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
  1. 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.
  2. 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.
  3. 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.