4//SEC Filing
Phelan Jeff 4
Accession 0001181431-13-012440
CIK 0001170991other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 6:15 PM ET
Size
6.3 KB
Accession
0001181431-13-012440
Insider Transaction Report
Form 4
Phelan Jeff
Senior Vice President
Transactions
- Award
LTIP Units
2013-02-21+72,795→ 549,926 total→ Common Stock (72,795 underlying)
Footnotes (2)
- [F1]Represents units of limited partnership interest in DCT Industrial Operating Partnership LP ("DCTOP"), of which the Issuer is the general partner, issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in DCTOP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of Common Stock.
- [F2]The 72,795 LTIP Units vest over four years: 25% on January 1, 2014 and 25% each January 1st thereafter.
Documents
Issuer
DCT Industrial Trust Inc.
CIK 0001170991
Entity typeother
Related Parties
1- filerCIK 0001488227
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 6:15 PM ET
- Size
- 6.3 KB