4//SEC Filing
DCT Industrial Trust Inc. 4
Accession 0001209191-17-012691
CIK 0001170991operating
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 4:27 PM ET
Size
6.5 KB
Accession
0001209191-17-012691
Insider Transaction Report
Form 4
Doyle Neil
Managing Director
Transactions
- Award
LTIP Units
2017-02-16+11,448→ 61,157.5 total→ Common Stock (11,448 underlying)
Footnotes (2)
- [F1]Represents units of limited partnership interest ("LTIP Units") in DCT Industrial Operating Partnership LP ("DCTOP"), of which the Issuer is the general partner, issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in DCTOP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of Common Stock.
- [F2]The LTIP Units vest over four years: 25% on February 1, 2018, and 25% on each February 1st thereafter.
Documents
Issuer
DCT Industrial Trust Inc.
CIK 0001170991
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001170991
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 4:27 PM ET
- Size
- 6.5 KB