Mechem Daryl H 4
4 · DCT Industrial Trust Inc. · Filed Nov 12, 2009
Insider Transaction Report
Form 4
Mechem Daryl H
Managing Director, Operations
Transactions
- Conversion
Operating Partnership Units
2009-11-10−1,873→ 0 total(indirect: By LLC)→ Common Stock (1,873 underlying) - Conversion
Common Stock
2009-11-10−1,873→ 65,878 total
Holdings
- 347,472
Operating Partnership Units
→ Common Stock (347,472 underlying)
Footnotes (4)
- [F1]The Operating Partnership Units ("Units") are issued by DCT Industrial Operating Partnership LP, the operating partnership of the Issuer.
- [F2]Provided that the Units have been outstanding for at least one year, the Units are redeemable for an equal number of shares of the Issuer's Common Stock, or, at the election of the Issuer, cash equal to the fair market value of such shares. The Units have no expiration date.
- [F3]Dividend Capital Advisors Group LLC ("DCAG") redeemed 1,873 Units. The Units redeemed are based on the Reporting Person's cash flow interest in DCAG. The Units are redeemable for an equal number of shares of the Issuer's Common Stock, or at the election of the Issuer, cash equal to the fair market value of such shares. The Issuer elected to redeem the Reporting Person's Units with Common Stock.
- [F4]These Units were owned by DCAG and may have been attributed to the Reporting Person based on his cash flow interest in DCAG.