4//SEC Filing
Behrman Brent 4
Accession 0001181431-12-022646
CIK 0001297996other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 8:54 PM ET
Size
10.0 KB
Accession
0001181431-12-022646
Insider Transaction Report
Form 4
Behrman Brent
Senior Vice President, Sales
Transactions
- Sale
Common Stock
2012-04-02$74.09/sh−202$14,966→ 0 total - Exercise/Conversion
Common Stock
2012-04-02+202→ 202 total - Exercise/Conversion
Class C Units
2012-04-02−202→ 202 total→ Common Stock (202 underlying)
Footnotes (5)
- [F1]In accordance with the terms of a Trading Plan (SEC Rule 10b5-1 Securities Exchange Act of 1934), the reporting person converted Class C Profits Interest Units ("Class C 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]Class C Units are membership interests in the Operating Partnership of which the Issuer is the general partner. Vested Class C Units that have satisfied the performance condition and achieved full parity with 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.
- [F3]Common Stock sold in accordance with the terms of a Trading Plan (SEC Rule 10b5-1 - Securities Exchange Act of 1934).
- [F4]1 for 1.
- [F5]N/A
Issuer
Digital Realty Trust, Inc.
CIK 0001297996
Entity typeother
Related Parties
1- filerCIK 0001542523
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 8:54 PM ET
- Size
- 10.0 KB