Company: NSA-PB
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001628280-25-015431
Chunk: 56

Company: National Storage Affiliates Trust
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 56
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| - Without Cause or for Good Reason(5) |     |                                                                    |   356,771 |     |                    |   282,433 |     |                                  | 13,980 |     |                                                        |  33,247 |     |                                                             | 1,260,394 |     |           |  1,913,578 |
| - Cause or Resignation(5)             |     |                                                                    |    14,271 |     |                    |   107,433 |     |                                  |      — |     |                                                        |       — |     |                                                             |         — |     |           |    121,704 |

(1) We pay base salary to each of our NEOs in equal installments twice each month. Accordingly, accrued and unpaid base salary, which is reflected under each termination scenario above for each of our NEOs as of December 31, 2024 is equal to 1/24th of each NEO's base salary as set forth above in the Summary Compensation Table. The line item "Without Cause or for Good Reason" also includes an amount equal to the NEO's then-current annual base salary multiplied by three for each of Ms. Fischer and Mr. Cramer, by two for Mr. Togashi, and by one for each of Mr. Cowan and Ms. Kenyon.

(2) On February 12, 2025, our CNCG Committee determined the bonus awards payable to each of our NEOs in respect of 2024 performance. Such amounts are also disclosed above in the Summary Compensation Table in "–Summary Compensation and Other Tables." The line item "Without Cause or for Good Reason" also includes an amount equal to (i) the greater of the target amount of such bonus as set forth in the 2024 Grants of Plan-Based Awards Table above or the average annual bonus awarded over the prior two years, multiplied by three for each of Ms. Fischer and Mr. Cramer, by two for Mr. Togashi, and by one for each of Mr. Cowan and Ms. Kenyon, plus (ii) the NEO's then-current accrued, but unpaid bonus, as set forth for each of our NEOs under "Non-Equity Incentive Plan Compensation" in the Summary Compensation Table above in "–Summary Compensation and Other Tables."

(3) Represents the cost of medical benefits for each NEO and/or eligible family members at the same annual level as in effect immediately preceding December 31,