MEYER STEVEN K 4
4 · PROLOGIS · Filed Jan 3, 2006
Insider Transaction Report
Form 4
PROLOGISPLD
MEYER STEVEN K
President & COO - Europe
Transactions
- Award
Performance Share Unit Award
2005-12-31+12,000→ 425,160 total→ Common Shares of Beneficial Interest (12,000 underlying) - Award
Dividend Equivalent Units
2005-12-31+8,101→ 433,261 total→ Common Shares of Beneficial Interest (8,101 underlying)
Footnotes (2)
- [F1]Units convert into common shares on a 1 for 1 basis. Share price on award date was $46.72. Award vests 100% on 12/31/07.
- [F2]Dividend Equivalent Units are earned and accrued on restricted share units and option grants pursuant to the Long-Term Incentive Plan. The rate of vest and the expiration date is the same as the underlying grant. DEUs are converted into common shares on a 1 for 1 basis.