PROLOGIS 4
4 · PROLOGIS · Filed May 20, 2005
Insider Transaction Report
Form 4
PROLOGISPLD
STENSBY KENNETH N
Director
Transactions
- Award
Deferred Share Units
2005-05-18$41.13/sh+1,215$49,973→ 43,486 totalExercise: $0.00→ Common Shares of Beneficial Interest (1,215 underlying)
Footnotes (1)
- [F1]The deferred share units are deferred until the reporting person is no longer providing services to ProLogis at which time the deferred share units will be converted on a 1-to-1 basis into common shares and distributed to the reporting person.