Company: NSA-PB
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001628280-25-015431
Chunk: 50

Company: National Storage Affiliates Trust
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 50
---
10,471 are scheduled to vest on June 10, 2026, 9,044 are scheduled to vest on December 2, 2026, 3,537 are scheduled to vest on January 1, 2027, and 6,828 are scheduled to vest on June 10, 2027, subject to continued employment. Of these grants to Ms. Kenyon, 2,302 vested on January 1, 2025, 710 vested on March 1, 2025, 503 are scheduled to vest on June 10, 2025, 2,301 are scheduled to vest on January 1, 2026, 3,478 are scheduled to vest on December 2, 2026, and 1,101 are scheduled to vest on January 1, 2027, subject to continued employment.

| NATIONAL STORAGE AFFILIATES 2025 PROXY STATEMENT |     | 48 |

(3) The market value shown is based on the closing price of our Common Shares on the NYSE of $37.91 per share as of December 31, 2024.

(4) Consists of compensatory performance-based LTIP unit awards granted to our NEOs which had not vested as of December 31, 2024. The number of unearned performance-based LTIP unit awards represents (i) none of the LTIP units that could have vested on January 1, 2025 with respect to the performance period between January 1, 2022 and December 31, 2024, as the performance criteria for vesting were not satisfied, (ii) the maximum number of LTIP units that can vest on December 2, 2025 contingent upon the achievement of performance criteria during the period between December 2, 2024 and December 2, 2025 as follows: Ms. Fischer - 11,268, Mr. Cramer - 22,536, Mr. Togashi - 13,980, Mr. Cowan - 13,563, and Ms. Kenyon - 5,217, (iii) the maximum amount of LTIP units that can vest on January 1, 2026 contingent upon the achievement of performance criteria during the period between January 1, 2023 and December 31, 2025 as follows: Ms. Fischer - 25,504, Mr. Cramer - 48,173, Mr. Togashi