Sec Form 4 Filing - Seton Michael A @ Sila Realty Trust, Inc. - 2020-09-30

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Seton Michael A
2. Issuer Name and Ticker or Trading Symbol
Sila Realty Trust, Inc. [ NONE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and CEO
(Last) (First) (Middle)
4890 WEST KENNEDY BLVD., SUITE 650
3. Date of Earliest Transaction (MM/DD/YY)
09/30/2020
(Street)
TAMPA, FL33609
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 09/30/2020 S( 1 ) 29,362 D 0 I Held by Carter Validus REIT Management Company II, LLC ( 2 )
Class A Common Stock 10/01/2020 A 231,213.87 ( 3 ) A $ 0 231,213.87 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Seton Michael A
4890 WEST KENNEDY BLVD., SUITE 650
TAMPA, FL33609
X President and CEO
Signatures
/s/ Michael A. Seton 10/01/2020
Signature of Reporting Person Date
Explanation of Responses:
( 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.

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