Filing Details

Accession Number:
0001209191-21-021542
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-17 18:56:58
Reporting Period:
2021-03-15
Accepted Time:
2021-03-17 18:56:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1490892 Coresite Realty Corp COR Real Estate Investment Trusts (6798) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1733553 Juan Font C/O Coresite Realty Corporation
1001 17Th Street, Suite 500
Denver CO 80202
Svp, General Management No 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
Common Stock Acquisiton 2021-03-15 3,215 $0.00 28,779 No 4 A Direct
Common Stock Acquisiton 2021-03-15 3,750 $0.00 32,529 No 4 A Direct
Common Stock Disposition 2021-03-17 971 $115.67 31,558 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 S Direct
Footnotes
  1. Represents restricted stock granted under the issuer's Amended and Restated 2010 Equity Incentive Award Plan (the "2010 Plan"). The restricted stock vests in three equal annual installments beginning on March 15, 2022, provided that the reporting person remains in continuous service with the issuer as of each vesting date.
  2. Represents performance-based restricted shares ("PSAs") granted under the 2010 Plan. The number of PSAs earned is based on the issuer's achievement of relative total shareholder return ("TSR") measured versus the MSCI US REIT Index over a three-year performance period ending December 31, 2023, and the number of shares earned may range from 25% to 175%. The PSAs are earned as follows: (i) 20% of the PSAs are earned upon TSR achievement in year one of the performance period, (ii) 20% of the PSAs are earned upon TSR achievement in year two of the performance period, (iii) 20% of the PSAs are earned upon TSR achievement in year three of the performance period, and (iv) 40% of the PSAs are earned upon a cumulative TSR achievement over the three-year performance period, subject to the reporting person's continued service with the issuer at the end of the three-year performance period. The PSAs are granted and issued at 175% of the target amount.
  3. The shares were sold pursuant to a sales plan adopted by the reporting person and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
  4. Represents shares sold by the reporting person to cover tax obligations upon the vesting of restricted stock.
  5. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $115.66 to $115.6765, inclusive. The reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.