4//SEC Filing
Moghadam Hamid 4
Accession 0000950170-24-005474
CIK 0001045609other
Filed
Jan 17, 7:00 PM ET
Accepted
Jan 18, 5:30 PM ET
Size
16.7 KB
Accession
0000950170-24-005474
Insider Transaction Report
Form 4
MOGHADAM HAMID R
DirectorChairman & CEO
Transactions
- Award
LTIP Units
2024-01-16$0.01/sh+95,214$952→ 1,718,002 total→ Common Stock (95,214 underlying) - Award
LTIP Units
2024-01-16$0.01/sh+14,714$147→ 1,732,716 total→ Common Stock (14,714 underlying) - Award
LTIP Units
2024-01-16$0.01/sh+112,528$1,125→ 1,852,938 total→ Common Stock (112,528 underlying) - Award
LTIP Units
2024-01-16$0.01/sh+7,694$77→ 1,740,410 total→ Common Stock (7,694 underlying)
Holdings
- 18,233(indirect: By Trust)
LTIP Units
Exercise: $0.00→ Common Stock (18,233 underlying) - 835,850(indirect: By LLC)
LTIP Units
Exercise: $0.00→ Common Stock (835,850 underlying)
Footnotes (7)
- [F1]Represents LTIP Units of Prologis, L.P. (the "LTIP Units") which vest 25% on each of 1/16/2025, 1/16/2026, 1/16/2027 and 1/16/2028 subject to continued employment. The LTIP Units were issued to the reporting person pursuant to the Prologis, Inc. 2020 Long-Term Incentive Plan (the "2020 LTIP").
- [F2]Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in Prologis, L.P. (a "Common Unit"). Each Common Unit acquired upon conversion of a vested LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of Common Stock of the Company (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested LTIP Units into Common Units and redeem Common Units have no expiration dates.
- [F3]Represents LTIP Units that were issued in exchange for the executive's cash bonus at the same value as the cash bonus. The LTIP Units vest 100% on issuance date. The LTIP Units were issued to the reporting person pursuant to the 2020 LTIP.
- [F4]Represents LTIP Units granted in lieu of salary, which vest 25% on each of 1/16/2025, 1/16/2026, 1/16/2027 and 1/16/2028 subject to continued employment. The LTIP Units were issued to the reporting person pursuant to the Prologis, Inc. 2020 Long-Term Incentive Plan (the "2020 LTIP").
- [F5]Represents LTIP Units of Prologis, L.P. (the "LTIP Units") that were issued to the reporting person pursuant to the Prologis Outperformance Plan.
- [F6]Held indirectly in a trust FBO the reporting person with the reporting person and his spouse as sole trustees.
- [F7]Represents LTIP Units transferred to a Limited Liability Company (LLC) where the reporting person is the sole member.
Documents
Issuer
Prologis, Inc.
CIK 0001045609
Entity typeother
Related Parties
1- filerCIK 0001202548
Filing Metadata
- Form type
- 4
- Filed
- Jan 17, 7:00 PM ET
- Accepted
- Jan 18, 5:30 PM ET
- Size
- 16.7 KB