Behrman Brent 4
4 · Digital Realty Trust, Inc. · Filed Mar 6, 2012
Insider Transaction Report
Form 4
Behrman Brent
Senior Vice President, Sales
Transactions
- Exercise/Conversion
Common Stock
2012-03-02+835→ 835 total - Sale
Common Stock
2012-03-02$72.69/sh−835$60,696→ 0 total - Gift
Long-Term Incentive Units
2012-03-02−3,014→ 13,441 total→ Common Stock (3,014 underlying) - Exercise/Conversion
Long-Term Incentive Units
2012-03-02−835→ 12,606 total→ Common Stock (835 underlying)
Footnotes (4)
- [F1]The reporting person converted 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 Common Units for 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]1 for 1.
- [F4]N/A