PROLOGIS 4
4 · PROLOGIS · Filed Jan 3, 2008
Insider Transaction Report
Form 4
PROLOGISPLD
RISING NELSON C
Director
Transactions
- Award
Phantom Stock
2007-12-31+309.613→ 4,480 total→ Common Shares of Beneficial Interest (309.613 underlying) - Award
Dividend Equivalent Units
2007-12-31+54.327→ 4,535 total→ Common Shares of Beneficial Interest (54.327 underlying)
Footnotes (2)
- [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.
- [F2]Dividend Equivalent Units are earned and accrued on deferred share units pursuant to our 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.