Crosby Christopher James JR 5
5 · Digital Realty Trust, Inc. · Filed Feb 14, 2011
Insider Transaction Report
Form 5
Crosby Christopher James JR
SVP, Sales & Tech. Services
Transactions
- Gift
Class C Profits Interest Units
2010-09-21−1,950→ 20,590 total→ Common Stock (1,950 underlying)
Footnotes (3)
- [F1]Class C Profits Interest Units ("Class C Units") are membership interests in Digital Realty Trust, L.P., a Maryland limited partnership of which the issuer is the general partner (the "Operating Partnership"). Class C Units that have satisfied the performance condition and achieved full parity with common limited partnership units of the Operating Partnership ("Common Units") receive the same quarterly distributions as Common Units, and may be converted into an equal number of Common Units on a one-for-one basis at any time. Common Units will be 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. The Class C Units have achieved full parity with Common Units.
- [F2]1 for 1.
- [F3]N/A