4//SEC Filing
Mechem Daryl H 4
Accession 0001181431-10-029440
CIK 0001170991other
Filed
May 25, 8:00 PM ET
Accepted
May 26, 12:30 PM ET
Size
12.1 KB
Accession
0001181431-10-029440
Insider Transaction Report
Form 4
Mechem Daryl H
Managing Director, Operations
Transactions
- Conversion
Common Stock
2010-05-25+25,627→ 97,104 total - Conversion
Operating Partnership Units
2010-05-25−174,373→ 165,627 total→ Common Stock (174,373 underlying) - Conversion
Common Stock
2010-05-25+174,373→ 271,477 total - Conversion
LTIP
2010-05-25−25,627→ 175,651 total→ Common Stock (25,627 underlying)
Footnotes (4)
- [F1]25,627 of the Reporting Person's limited partnership interest ("LTIP") in DCT Industrial Operating Partnership LP ("DCTOP"), of which the Issuer is the sole general partner, were converted into common units of limited partnership interests in DCTOP ("Common OP Unit") and then were immediately converted into an equal number of shares of the Issuer's Common Stock.
- [F2]Represents LTIP units issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a Common OP Unit. Each Common OP Unit acquired upon conversion of a LTIP Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of Common Stock.
- [F3]The Operating Partnership Units ("Operating Units") of limited partnership interest are issued by DCTOP, the operating partnership of the Issuer, for which the Issuer is the sole general partner of DCTOP.
- [F4]Provided that the Operating Units have been outstanding for at least one year, the Operating 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 Operating Units have no expiration date.
Documents
Issuer
DCT Industrial Trust Inc.
CIK 0001170991
Entity typeother
Related Parties
1- filerCIK 0001384197
Filing Metadata
- Form type
- 4
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 12:30 PM ET
- Size
- 12.1 KB