4//SEC Filing
MAGNUSON RICHARD A 4
Accession 0001181431-09-051953
CIK 0001297996other
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 7:49 PM ET
Size
19.5 KB
Accession
0001181431-09-051953
Insider Transaction Report
Form 4
MAGNUSON RICHARD A
Director
Transactions
- Exercise/Conversion
Common Stock
2009-11-12+169,378→ 169,378 total - Gift
Long-Term Incentive Units
2009-04-22−3,000→ 505,937 total→ Common Stock (3,000 underlying) - Exercise/Conversion
Long-Term Incentive Units
2009-11-13−30,622→ 305,237 total→ Common Stock (30,622 underlying) - Sale
Common Stock
2009-11-12$47.44/sh−169,378$8,035,292→ 0 total - Gift
Long-Term Incentive Units
2009-06-03−700→ 505,237 total→ Common Stock (700 underlying) - Exercise/Conversion
Common Stock
2009-11-13+30,622→ 30,622 total - Sale
Common Stock
2009-11-13$47.00/sh−30,622$1,439,234→ 0 total - Exercise/Conversion
Long-Term Incentive Units
2009-11-12−169,378→ 335,859 total→ Common Stock (169,378 underlying)
Footnotes (7)
- [F1]Richard Magnuson converted 169,378 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 169,378 Common Units for 169,378 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]Represents the average sale price. Exact sale prices range from $47.00 to $48.00.
- [F4]Richard Magnuson converted 30,622 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 30,622 Common Units for 30,622 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.
- [F5]1 for 1.
- [F6]N/A
- [F7]Includes indirect beneneficial ownership of 50,000 Long-Term Incentive Units held in trust for the benefit of Mr. Magnuson's spouse.
Issuer
Digital Realty Trust, Inc.
CIK 0001297996
Entity typeother
Related Parties
1- filerCIK 0001191698
Filing Metadata
- Form type
- 4
- Filed
- Nov 15, 7:00 PM ET
- Accepted
- Nov 16, 7:49 PM ET
- Size
- 19.5 KB