Moghadam Hamid 4
4 · Prologis, Inc. · Filed Apr 23, 2024
Insider Transaction Report
Form 4
Moghadam Hamid
Director
Transactions
- Award
LTIP Units
2024-04-19$0.01/sh+227,157$2,272→ 1,063,007 total(indirect: By LLC)Exercise: $0.00→ Common Stock (227,157 underlying) - Gift
LTIP Units
2024-04-19$0.01/sh−227,157$2,272→ 1,625,781 totalExercise: $0.00→ Common Stock (227,157 underlying)
Holdings
- 18,233(indirect: By Trust)
LTIP Units
Exercise: $0.00→ Common Stock (18,233 underlying)
Footnotes (3)
- [F1]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.
- [F2]Represents common stock transferred to a Limited Liability Company (LLC) where the reporting person is the sole member.
- [F3]Held indirectly in a trust FBO the reporting person with the reporting person and his spouse as sole trustees.