4//SEC Filing
Curless Michael S 4
Accession 0001209191-21-055835
CIK 0001045609other
Filed
Sep 13, 8:00 PM ET
Accepted
Sep 14, 12:24 PM ET
Size
11.1 KB
Accession
0001209191-21-055835
Insider Transaction Report
Form 4
Curless Michael S
Chief Investment Officer
Transactions
- Exercise/Conversion
LTIP Units
2021-09-10$0.01/sh−80,000$800→ 605,658 totalExercise: $0.00→ Common Stock (80,000 underlying) - Gift
LTIP Units
2021-06-03$0.01/sh−96,003$960→ 685,658 totalExercise: $0.00→ Common Stock (96,003 underlying) - Award
LTIP Units
2021-06-03$0.01/sh+96,003$960→ 96,003 total(indirect: By LLC)Exercise: $0.00→ Common Stock (96,003 underlying)
Footnotes (3)
- [F1]Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in Prologis, L.P. (a "Common Unit"). Each Common Unit acquired upon conversion of a vested LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of Common Stock of the Company (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested LTIP Units into Common Units and redeem Common Units have no expiration dates.
- [F2]Represents LTIP Units transferred to a Limited Liability Company (LLC) where the reporting person is the sole member.
- [F3]Conversion of LTIP Units (the "LTIP Units") of Prologis, L.P. into common units of Prologis, L.P. (the "Common Units") and redemption of Common Units for cash. The units have no exercisable date or expiration date.
Documents
Issuer
Prologis, Inc.
CIK 0001045609
Entity typeother
Related Parties
1- filerCIK 0001580949
Filing Metadata
- Form type
- 4
- Filed
- Sep 13, 8:00 PM ET
- Accepted
- Sep 14, 12:24 PM ET
- Size
- 11.1 KB