4//SEC Filing
Digital Realty Trust, Inc. 4
Accession 0001297996-16-000280
$DLRCIK 0001297996operating
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 7:07 PM ET
Size
8.3 KB
Accession
0001297996-16-000280
Insider Transaction Report
Form 4
EARLEY KATHLEEN
Director
Transactions
- Exercise/Conversion
Long-Term Incentive Units
2016-11-16−2,297→ 3,464 total→ Common Stock (2,297 underlying) - Exercise/Conversion
Common Stock
2016-11-16+2,297→ 19,137 total
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
Documents
Issuer
Digital Realty Trust, Inc.
CIK 0001297996
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001297996
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 7:07 PM ET
- Size
- 8.3 KB