4//SEC Filing
Crosby Christopher James JR 4
Accession 0001181431-11-010185
CIK 0001494877other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 8:57 PM ET
Size
9.2 KB
Accession
0001181431-11-010185
Insider Transaction Report
Form 4
Crosby Christopher James JR
SVP, Sales & Tech. Services
Transactions
- Award
Long-Term Incentive Units
2011-02-10+8,639→ 58,300 total→ Common Units (8,639 underlying)
Footnotes (4)
- [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]Reflects long-term incentive units initially granted on February 23, 2010 that were subject to a performance-based vesting condition, which performance-based vesting condition was satisfied in full on February 10, 2011. These long-term incentive units are also subject to time-based vesting, pursuant to which 20% of the units will vest on February 23, 2011, 20% will vest on February 23, 2012, 30% will vest on February 23, 2013 and 30% will vest on February 23, 2014.
- [F3]1 for 1.
- [F4]N/A
Issuer
Digital Realty Trust, L.P.
CIK 0001494877
Entity typeother
Related Parties
1- filerCIK 0001335788
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 8:57 PM ET
- Size
- 9.2 KB