MEYER STEVEN K 4

4 · PROLOGIS · Filed Jan 5, 2005

Form 4

Period: 2005-01-03

President & COO - Europe

Transactions

Tax Payment
Common Shares of Beneficial Interest, par value $0.01
2005-01-03$42.60/sh−1,876.686$79,947→ 19,038.314 total
Exercise/Conversion
Common Shares of Beneficial Interest, par value $0.01
2005-01-03+1,711.171→ 20,749.485 total
Tax Payment
Common Shares of Beneficial Interest, par value $0.01
2005-01-03$42.60/sh−452.605$19,281→ 20,324.015 total
Exercise/Conversion
Performance Share Unit Award
2005-01-03−6,600→ 374,357.081 total
→ Common Shares of Beneficial Interest (6,600 underlying)
Exercise/Conversion
Common Shares of Beneficial Interest, par value $0.01
2005-01-03+6,600→ 20,915 total
Exercise/Conversion
Dividend Equivalent Units
2005-01-03−1,711.171→ 372,645.91 total
→ Common Shares of Beneficial Interest (1,711.171 underlying)

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 acquired through the ProLogis Dividend Reinvestment Plan.

Documents

1 file