4//SEC Filing
NEKRITZ EDWARD S 4
Accession 0000950170-24-005482
CIK 0001045609other
Filed
Jan 17, 7:00 PM ET
Accepted
Jan 18, 5:30 PM ET
Size
12.0 KB
Accession
0000950170-24-005482
Insider Transaction Report
Form 4
NEKRITZ EDWARD S
Chief Legal Off./Gen. Counsel
Transactions
- Award
LTIP Units
2024-01-16$0.01/sh+8,287$83→ 1,210,883 totalExercise: $0.00→ Common Stock (8,287 underlying) - Award
LTIP Units
2024-01-16$0.01/sh+24,236$242→ 1,202,596 totalExercise: $0.00→ Common Stock (24,236 underlying) - Award
LTIP Units
2024-01-16$0.01/sh+45,011$450→ 1,255,894 totalExercise: $0.00→ Common Stock (45,011 underlying)
Holdings
- 1,927.895(indirect: By 401(k))
Common Stock
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]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.
- [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
Issuer
Prologis, Inc.
CIK 0001045609
Entity typeother
Related Parties
1- filerCIK 0001255240
Filing Metadata
- Form type
- 4
- Filed
- Jan 17, 7:00 PM ET
- Accepted
- Jan 18, 5:30 PM ET
- Size
- 12.0 KB