{"url_path":"/sec/sila/8-k/2026-07-01/item-2-01","section_key":"item-2-01","section_title":"Item 2.01 Completion of Acquisition or Disposition of Assets.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-01","source_url":"https://www.sec.gov/Archives/edgar/data/1567925/0001140361-26-027203-index.html","accession_number":"0001140361-26-027203","cik":"0001567925","ticker":"SILA","issuer_name":"Sila Realty Trust, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1567925/0001140361-26-027203-index.html","primary_entity_key":"0001567925","primary_entity_name":"Sila Realty Trust, Inc."},"word_count":558,"has_tables":true,"body_markdown":"Item 2.01. Completion of Acquisition or Disposition of Assets.\n\nThe information provided in the Introductory Note of this Current Report on Form 8-K is incorporated herein by reference.\n\nPursuant to the terms of the Merger Agreement, on July 1, 2026, at the effective time of the Merger (the “Effective Time”), each share of common stock, $0.01 par value\nper share, of the Company (“Company Common Stock”) issued and outstanding as of immediately prior to the Effective Time (other than shares of Company Common Stock owned by any of Parent, Merger Sub or any of their respective wholly owned\nsubsidiaries, which were cancelled and not entitled to receive Per Share Merger Consideration (as defined below)) was cancelled, retired and automatically converted into the right to receive an amount in cash equal to $30.38 per share (the “Per\nShare Merger Consideration”), upon the terms and subject to the conditions set forth in the Merger Agreement.\n\nAs of immediately prior to the Effective Time, all restricted shares of Company Common Stock granted pursuant to an award under the Company Amended and Restated 2014\nRestricted Share Plan (as amended and restated effective as of April 2, 2025) (the “Company Equity Incentive Plan”) (the “Company Restricted Stock”) that were issued and outstanding immediately prior to the Effective Time (whether or not then\nvested) have (A) automatically fully vested and all restrictions on such Company Restricted Stock have lapsed as of immediately prior to the Effective Time and (B) as of the Effective Time were cancelled, retired and automatically converted into\nthe right to receive the Per Share Merger Consideration (subject to any applicable withholding or other taxes, or other amounts required by applicable law to be withheld).\n\nAs of immediately prior to the Effective Time, all deferred stock units with respect to a share of Company Common Stock, whether granted under a Company Equity\nIncentive Plan (including any dividend equivalent units credited with respect thereto) (the “Company Deferred Stock Units”), that were outstanding and unvested immediately prior to the Effective Time, have (A) vested at the greater of (1) the\ntarget number of shares of Company Common Stock subject to each such Company Deferred Stock Unit and (2) the number of shares of Company Common Stock earned based on the actual achievement of the applicable performance goals as of the Effective\nTime (or over the first two years of the 2024-2026 performance period with respect to Company Deferred Stock Units granted in 2024) and (B) as of the Effective Time, were cancelled and extinguished. The holder is entitled to receive (subject to\nany applicable withholding or other Taxes, or other amounts required by applicable law to be withheld) an amount in cash equal to the product of the Per Share Merger Consideration, multiplied by the total number of vested shares of Company Common\nStock subject to such Company Deferred Stock Unit, rounded up to the nearest whole cent. Any accrued and unpaid cash dividend equivalents with respect to outstanding Company Deferred Stock Units that vest in connection with the Merger will also\nvest and be paid to holders of Company Deferred Stock Units.\n\nThe foregoing description of the Merger Agreement does not purport to be complete and is qualified in its entirety by the full text of the Merger\nAgreement, which is attached hereto as Exhibit 2.1 and is incorporated herein by reference."}