4//SEC Filing
Trout James 4
Accession 0001181431-09-001091
CIK 0001297996other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 5:52 PM ET
Size
9.9 KB
Accession
0001181431-09-001091
Insider Transaction Report
Form 4
Trout James
Sr. VP, Portfolio & Tech Ops
Transactions
- Exercise/Conversion
Common Stock
2009-01-02+313→ 313 total - Sale
Common Stock
2009-01-02$33.19/sh−313$10,388→ 0 total - Exercise/Conversion
Long-Term Incentive Units
2009-01-02−313→ 15,538 total→ Common Stock (313 underlying)
Footnotes (5)
- [F1]In accordance with the terms of a Trading Plan (SEC Rule 10b5-1 - Securities Exchange Act of 1934), James Trout converted 313 long-term incentive units into common limited partnership units ("Common Units") of Digital Realty Trust, L.P., a Maryland Limited Partnership (the "Operating Partnership"), and subsequently redeemed the 313 Common Units for 313 shares of the common stock of Digital Realty Trust, Inc. (the "Issuer"), all in accordance with the requirements of the Limited Partnership Agreement of the Operating Partnership.
- [F2]Long-term incentive units are profits interest units in the Operating Partnership. Vested profits interest units may be converted into an equal number of Common Units in the Operating Partnership on a one-for-one basis at any time. Common Units are redeemable for cash based on the fair market value of an equivalent number of shares of the Issuer's common stock, or, at the election of the Issuer, for an equal number of shares of the Issuer's common stock, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events.
- [F3]Common Stock sold in accordance with the terms of a Trading Plan (SEC Rule 10b5-1 - Securities Exchange Act of 1934).
- [F4]1 for 1.
- [F5]N/A
Issuer
Digital Realty Trust, Inc.
CIK 0001297996
Entity typeother
Related Parties
1- filerCIK 0001371569
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 5:52 PM ET
- Size
- 9.9 KB