4//SEC Filing
ROBERTS JOHN T JR 4
Accession 0001297996-17-000138
CIK 0001297996other
Filed
Sep 17, 8:00 PM ET
Accepted
Sep 18, 8:29 PM ET
Size
8.6 KB
Accession
0001297996-17-000138
Insider Transaction Report
Form 4
ROBERTS JOHN T JR
Director
Transactions
- Award
Long-Term Incentive Units
2017-09-14+800→ 800 total→ Common Stock (800 underlying) - Award
Common Stock
2017-09-14+12,382→ 12,382 total
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger dated as of June 8, 2017 (the "Merger Agreement"), by and among the Issuer, DuPont Fabros Technology, Inc. ("DFT") and certain subsidiaries of the Issuer and DFT, DFT was merged with and into the Issuer, with the Issuer surviving as the continuing entity. At the effective time of the merger, each share of DFT common stock issued and outstanding immediately prior to such time was converted into the right to receive 0.545 shares of the Issuer's common stock. On the trading day immediately prior to the effective time, the closing price of the Issuer's common stock was $121.54 per share and the closing price of DFT common stock was $66.31 per share.
- [F2]Long-Term Incentive Units are profits interest units in Digital Realty Trust, L.P. ("Operating Partnership"), of which the Issuer is the general partner. Profits interest units may initially not have full parity with common limited partnership units of Operating Partnership ("Common Units") with respect to liquidating distributions; however upon the occurrence of specified events, profits interest units may achieve full parity with Common Units for all purposes. Vested profits interest units that have achieved full parity with Common Units may be converted into an equal number of Common Units on a 1-for-1 basis at any time. Common Units are redeemable for cash based on the FMV of an equivalent number of shares of common stock of the Issuer, 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]N/A
Documents
Issuer
Digital Realty Trust, Inc.
CIK 0001297996
Entity typeother
Related Parties
1- filerCIK 0001213056
Filing Metadata
- Form type
- 4
- Filed
- Sep 17, 8:00 PM ET
- Accepted
- Sep 18, 8:29 PM ET
- Size
- 8.6 KB