STENSBY KENNETH N 4
4 · PROLOGIS · Filed Jul 1, 2005
Insider Transaction Report
Form 4
PROLOGISPLD
STENSBY KENNETH N
Director
Transactions
- Award
Phantom Stock
2005-06-30+444.17→ 43,930 total→ Common Shares of Beneficial Interest (444.17 underlying)
Footnotes (1)
- [F1]The shares of phantom stock are for payment of Trustees fees. The phantom stock becomes payable in stock at the election of the reporting person. The phantom stock is convertible on a 1 for 1 basis into common shares of ProLogis.