MAGNUSON RICHARD A 5
5 · Digital Realty Trust, L.P. · Filed Feb 14, 2011
Insider Transaction Report
Form 5
MAGNUSON RICHARD A
Director
Transactions
- Gift
Long-Term Incentive Units
2010-03-17−100,000→ 205,237 total→ Common Units (100,000 underlying) - Gift
Long-Term Incentive Units
2010-07-29−410→ 204,827 total→ Common Units (410 underlying)
Footnotes (3)
- [F1]Long-term incentive units are membership interests in Digital Realty Trust, L.P. (the "Issuer"), of which Digital Realty Trust, Inc., a Maryland corporation (the "General Partner"), is the general partner. Long-term incentive units receive the same quarterly distributions as common limited partnership units of the Issuer ("Common Units"). Long-term incentive units may initially not have full parity with Common Units with respect to liquidating distributions; however, upon the occurrence of specified events, long-term incentive units may achieve full parity with Common Units for all purposes, and thereafter vested long-term incentive units 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 General Partner's common stock, or, at the election of the General Partner, for an equal number of shares of the General Partner's common stock.
- [F2]1 for 1.
- [F3]N/A