4//SEC Filing
Digital Realty Trust, L.P. 4
Accession 0001181431-14-006874
CIK 0001494877operating
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 8:30 PM ET
Size
9.4 KB
Accession
0001181431-14-006874
Insider Transaction Report
Form 4
CARON DAVID
Senior Vice President
Transactions
- Award
Long-Term Incentive Units
2014-02-11+16,887→ 99,528 total→ Common Units (16,887 underlying) - Award
Long-Term Incentive Units
2014-02-11+7,668→ 107,196 total→ Common Units (7,668 underlying)
Footnotes (5)
- [F1]Long-Term Incentive Units are profits interest units in the Issuer, of which Digital Realty Trust, Inc. ("General Partner") is the general partner. Profits interest units may initially not have full parity with common limited partnership units of the Issuer ("Common Units") with respect to liquidating distributions; however upon the occurrence of specified events, profits interest units may achieve full parity with Common Units for all purposes. Vested profits interest units that have achieved full parity with Common Units may be converted into an equal number of Common Units on a 1-for-1 basis at any time. Common Units are redeemable for cash based on the FMV of an equivalent number of shares of common stock of General Partner or, at the election of General Partner, for an equal number of shares of General Partner's common stock, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events.
- [F2]1-for-1
- [F3]Twenty-five percent (25%) of these units will vest on February 27, 2015, an additional fifty percent (50%) will vest on February 27, 2016, and the remaining twenty-five percent (25%) will vest on February 27, 2017.
- [F4]N/A
- [F5]Reflects an award initially granted on February 11, 2013 that was subject to a performance-based vesting condition, which performance-based vesting condition was satisfied on February 11, 2014. These shares are also subject to time-based vesting, pursuant to which 20% of the units will vest on February 27, 2014, 20% will vest on February 27, 2015, 30% will vest on February 27, 2016 and 30% will vest on February 27, 2017.
Documents
Issuer
Digital Realty Trust, L.P.
CIK 0001494877
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001494877
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 8:30 PM ET
- Size
- 9.4 KB