COO Derek Bergeon mutually departs NSA; receives $157,500 severance, LTIP vesting

National Storage Affiliates Trust

Derek Bergeon, EVP & COO, mutually terminated effective June 25, 2024; receives 6 months base salary ($157,500) and ~$10,000 COBRA subsidy.
Unvested performance-based LTIP units (8,126) vest at target; time-based LTIP units (5,765) also fully vest.
Non-solicitation for 12 months; released from non-compete; subject to non-disparagement and confidentiality.
No successor named; Bergeon signed general release of claims in favor of NSA.

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