4//SEC Filing
Anderson Gary E 4
Accession 0001209191-23-027822
CIK 0001045609other
Filed
May 4, 8:00 PM ET
Accepted
May 5, 6:25 PM ET
Size
8.0 KB
Accession
0001209191-23-027822
Insider Transaction Report
Form 4
Anderson Gary E
CEO, Europe and Asia
Transactions
- Award
LTIP Units
2023-05-03$0.01/sh+4,664$47→ 654,065 totalExercise: $0.00→ Common Stock (4,664 underlying)
Holdings
- 1,980.278(indirect: By 401(k))
Common Stock
- 21
Common Stock
Footnotes (3)
- [F1]Represents shares held in the company's 401(k) Plan as of March 31, 2023.
- [F2]Represents LTIP Units of Prologis, L.P. (the "LTIP Units") which vest 25% on each of 5/3/2024, 5/3/2025, 5/3/2026, and 5/3/2027, subject to continued employment. The LTIP Units were issued to the reporting person pursuant to the Prologis, Inc. 2020 Long-Term Incentive Plan (the "2020 LTIP").
- [F3]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 after the completion of a two year waiting period, 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.
Documents
Issuer
Prologis, Inc.
CIK 0001045609
Entity typeother
Related Parties
1- filerCIK 0001580932
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 6:25 PM ET
- Size
- 8.0 KB