4//SEC Filing
Arndt Timothy D 4
Accession 0000950170-24-027459
CIK 0001045609other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 7:00 PM ET
Size
6.5 KB
Accession
0000950170-24-027459
Insider Transaction Report
Form 4
Arndt Timothy D
Chief Financial Officer
Transactions
- Award
LTIP Units
2024-02-21$0.01/sh+5,888$59→ 235,895 totalExercise: $0.00→ Common Stock (5,888 underlying)
Footnotes (3)
- [F1]Represents LTIP Units of Prologis, L.P. (the "LTIP Units") which vest 25% on each of 2/21/2025, 2/21/2026, 2/21/2027 and 2/21/2028 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]Balance in column 9 includes an adjustment of 2 shares due to an administrative error.
Documents
Issuer
Prologis, Inc.
CIK 0001045609
Entity typeother
Related Parties
1- filerCIK 0001919424
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 7:00 PM ET
- Size
- 6.5 KB