4//SEC Filing
Palazzolo Lori A 4
Accession 0001209191-23-046963
CIK 0001045609other
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 8:53 PM ET
Size
8.0 KB
Accession
0001209191-23-046963
Insider Transaction Report
Form 4
Palazzolo Lori A
Chief Accounting Officer/MD
Transactions
- Award
LTIP Units
2023-08-18$0.01/sh+11,113$111→ 112,045 totalExercise: $0.00→ Common Stock (11,113 underlying)
Holdings
- 414
Common Stock
- 221.014(indirect: By 401(k))
Common Stock
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 35% on 8/18/2023, and the remaining 65% 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, 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 0001509314
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 8:53 PM ET
- Size
- 8.0 KB