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4//SEC Filing

Palazzolo Lori A 4

Accession 0000950170-24-005478

CIK 0001045609other
View on SEC.govCompany Profile

Filed

Jan 17, 7:00 PM ET

Accepted

Jan 18, 5:30 PM ET

Size

12.0 KB

Accession

0000950170-24-005478

Insider Transaction Report

Form 4
Period: 2024-01-16
Prologis, Inc.PLD
Palazzolo Lori A
Chief Accounting Officer/MD
Transactions
  • Award

    LTIP Units

    2024-01-16$0.01/sh+3,463$35→ 117,671 total
    Exercise: $0.00→ Common Stock (3,463 underlying)
  • Award

    LTIP Units

    2024-01-16$0.01/sh+2,163$22→ 114,208 total
    Exercise: $0.00→ Common Stock (2,163 underlying)
  • Award

    Restricted Stock Units

    2024-01-16+3,366→ 3,366 total
    Exercise: $0.00→ Common Stock (3,366 underlying)
Holdings

  • Common Stock

    (indirect: By 401(k))
    224.089
Footnotes (5)
  • [F1]Represents shares held in the company's 401(k) Plan as of December 31, 2023.
  • [F2]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").
  • [F3]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.
  • [F4]Restricted Stock Units (RSUs) granted in exchange for a cash bonus on January 16, 2024 and vested 80% on January 16, 2025, 10% on January 16, 2026 and 10% on January 16, 2027. RSUs have no exercise price or expiration date.
  • [F5]Represents LTIP Units of Prologis, L.P. (the "LTIP Units") that were issued to the reporting person pursuant to the Prologis Outperformance Plan.

Documents

1 file

Issuer

Prologis, Inc.

CIK 0001045609

→
Entity typeother

Related Parties

1
  • filerCIK 0001509314

Filing Metadata

Form type
4
Filed
Jan 17, 7:00 PM ET
Accepted
Jan 18, 5:30 PM ET
Size
12.0 KB
View on SEC.gov