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4//SEC Filing

Anderson Gary E 4

Accession 0001209191-23-046958

CIK 0001045609other

Filed

Aug 21, 8:00 PM ET

Accepted

Aug 22, 8:47 PM ET

Size

8.0 KB

Accession

0001209191-23-046958

Insider Transaction Report

Form 4
Period: 2023-08-18
Anderson Gary E
CEO, Europe and Asia
Transactions
  • Award

    LTIP Units

    2023-08-18$0.01/sh+65,859$659719,924 total
    Exercise: $0.00Common Stock (65,859 underlying)
Holdings
  • Common Stock

    21
  • Common Stock

    (indirect: By 401(k))
    1,994.057
Footnotes (3)
  • [F1]Represents shares held in the company's 401(k) Plan as of June 30, 2023.
  • [F2]Represents LTIP Units of Prologis, L.P. (the "LTIP Units") which vest 25% on each of 8/18/2024, 8/18/2025, 8/18/2026, and 8/18/2027, 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.

Issuer

Prologis, Inc.

CIK 0001045609

Entity typeother

Related Parties

1
  • filerCIK 0001580932

Filing Metadata

Form type
4
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 8:47 PM ET
Size
8.0 KB