4//SEC Filing
DCT Industrial Trust Inc. 4
Accession 0001181431-15-002738
CIK 0001170991operating
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 5:58 PM ET
Size
20.9 KB
Accession
0001181431-15-002738
Insider Transaction Report
Form 4
Ruen Michael J
Managing Director
Transactions
- Exercise/Conversion
Common Stock
2015-02-13$13.64/sh+27,500$375,100→ 49,782 total - Exercise/Conversion
Common Stock
2015-02-13$18.24/sh+14,568$265,720→ 64,350 total - Exercise/Conversion
Common Stock
2015-02-13$22.20/sh+10,843$240,715→ 75,193 total - Conversion
Common Stock
2015-02-13+4,592→ 45,892 total - Exercise/Conversion
Stock Option
2015-02-13−14,568→ 0 totalExercise: $18.24Exp: 2020-02-11→ Common Stock (14,568 underlying) - Conversion
LTIP Units
2015-02-13−4,592→ 111,023.75 total→ Common Stock (4,592 underlying) - Tax Payment
Common Stock
2015-02-13$36.70/sh−33,893$1,243,873→ 41,300 total - Exercise/Conversion
Stock Option
2015-02-13−27,500→ 0 totalExercise: $13.64Exp: 2019-02-10→ Common Stock (27,500 underlying) - Exercise/Conversion
Stock Option
2015-02-13−10,843→ 0 totalExercise: $22.20Exp: 2021-02-03→ Common Stock (10,843 underlying)
Footnotes (6)
- [F1]On November 17, 2014, the Issuer effected a one-for-four reverse stock split of its Common Stock (the "Reverse Stock Split") and, concurrently with the Reverse Stock Split, DCT Industrial Operating Partnership LP ("DCTOP"), of which the Issuer is the sole general partner, effected a corresponding one-for-four reverse split of its outstanding units of limited partnership interest (the "Reverse Unit Split"). The exercise prices and numbers of securities beneficially owned were adjusted by multiplying or dividing each by four, as applicable, to reflect the Reverse Stock Split and the Reverse Unit Split.
- [F2]The Stock Options (the "Options") were granted under the Issuer's Long-Term Incentive Plan. The Options vested over four years: 25% on each of January 1, 2010, 2011, 2012 and 2013.
- [F3]The Options were granted under the Issuer's Long-Term Incentive Plan. The Options vested over four years: 25% on each of January 1, 2011, 2012, 2013 and 2014.
- [F4]The Options were granted under the Issuer's Long-Term Incentive Plan. The Options vested over four years: 25% on each of January 1, 2012, 2013, 2014 and 2015.
- [F5]Represents units of limited partnership interest ("LTIP Units") 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.
- [F6]4,592 of the Reporting Person's LTIP Units in DCTOP were converted into Common OP Units and then were immediately converted into an equal number of shares of the Issuer's Common Stock.
Issuer
DCT Industrial Trust Inc.
CIK 0001170991
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001170991
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 5:58 PM ET
- Size
- 20.9 KB