LANDS LUKE A 4
4 · PROLOGIS · Filed Jan 5, 2005
Insider Transaction Report
Form 4
PROLOGISPLD
LANDS LUKE A
Managing Director & Controller
Transactions
- Tax Payment
Common Shares of Beneficial Interest, par value $0.01
2005-01-03$42.60/sh−312.831$13,327→ 3,230.341 total - Exercise/Conversion
Common Shares of Beneficial Interest, par value $0.01
2005-01-03+2,800→ 3,151.385 total - Exercise/Conversion
Common Shares of Beneficial Interest, par value $0.01
2005-01-03+1,182.727→ 3,462.526 total - Exercise/Conversion
Performance Share Unit Award
2005-01-03−2,800→ 117,593.102 total→ Common Shares of Beneficial Interest (2,800 underlying) - Exercise/Conversion
Dividend Equivalent Units
2005-01-03−1,182.727→ 116,410.375 total→ Common Shares of Beneficial Interest (1,182.727 underlying) - Tax Payment
Common Shares of Beneficial Interest, par value $0.01
2005-01-03$42.60/sh−871.586$37,130→ 2,279.799 total
Footnotes (4)
- [F1]Automatic conversion of performance share unit award earned on 12/31/02. Units convert into common shares on a 1 for 1 basis.
- [F2]Payment of tax liaibility by reporting person to issuer pursuant to the conversion of performance share unit award and dividend equivalent unit award.
- [F3]Automatic conversion of dividend equivalent units. Dividend Equivalent Units are earned and accrue on restricted stock and option grants pursuant to the ProLogis 1997 Long-Term Incentive Plan. The rate of vest and the expiration date is the same as the underlying grant. DEUs are converted in common shares on a 1 for 1 basis.
- [F4]Includes shares purchased through the ProLogis Employee Share Purchase Plan on 6/30/04 and shares acquired through the ProLogis Dividend Reinvestment Plan.