4//SEC Filing
DCT Industrial Trust Inc. 4
Accession 0001181431-15-003102
CIK 0001170991operating
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 5:54 PM ET
Size
6.7 KB
Accession
0001181431-15-003102
Insider Transaction Report
Form 4
Corral Teresa
Executive Vice President
Transactions
- Award
LTIP Units
2015-02-19+8,677→ 74,062.75 total→ Common Stock (8,677 underlying)
Footnotes (3)
- [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 8,677 LTIP Units vest over four years: 25% on January 1, 2016 and 25% each January 1st thereafter.
- [F3]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, DCTOP effected a corresponding one-for-four split of its outstanding units of limited partnership interest (the "Reverse Unit Split"). The number of securities beneficially owned was adjusted by dividing by four to reflect the Reverse Unit Split.
Documents
Issuer
DCT Industrial Trust Inc.
CIK 0001170991
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001170991
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 5:54 PM ET
- Size
- 6.7 KB