Digital Realty Trust, Inc. 4
4 · Digital Realty Trust, Inc. · Filed Dec 30, 2015
Insider Transaction Report
Form 4
EARLEY KATHLEEN
Director
Transactions
- Exercise/Conversion
Common Stock
2015-12-16+2,003→ 16,840 total - Exercise/Conversion
Long-Term Incentive Units
2015-12-16+2,003→ 8,235 total→ Common Stock (2,003 underlying)
Footnotes (4)
- [F1]The reporting person converted long-term incentive units into common limited partnership units ("Common Units") of Digital Realty Trust, L.P., a Maryland Limited Partnership (the "Operating Partnership"), and subsequently redeemed the Common Units for shares of the common stock of the Issuer, all in accordance with the requirements of the Limited Partnership Agreement of the Operating Partnership.
- [F2]Long-term incentive units are profits interest units in the Operating Partnership. Vested profits interest units may be converted into an equal number of Common Units in the Operating Partnership on a one-for-one basis at any time. Common Units are redeemable for cash based on the fair market value of an equivalent number of shares of the Issuer's common stock, or, at the election of the Issuer, for an equal number of shares of the Issuer's common stock, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events.
- [F3]1-for-1
- [F4]N/A