4//SEC Filing
Kenney Christopher 4
Accession 0001297996-18-000032
CIK 0001297996other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 9:50 PM ET
Size
12.2 KB
Accession
0001297996-18-000032
Insider Transaction Report
Form 4
Kenney Christopher
SVP,International,Acquisitions
Transactions
- Exercise/Conversion
Common Stock
2017-03-09$41.73/sh+10,000$417,300→ 10,000 total - Sale
Common Stock
2017-03-09$103.47/sh−10,000$1,034,700→ 0 total - Award
Long-Term Incentive Units
2018-03-01+1,334→ 92,619 total→ Common Stock (1,334 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2017-03-09−10,000→ 0 total→ Common Stock (10,000 underlying)
Footnotes (6)
- [F1]Price shown above is an average, actual sale prices range from $103.43 to $103.49.
- [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]Twenty-five percent (25%) of these units will vest on February 27, 2019, an additional twenty-five percent (25%) will vest on February 27, 2020, an additional twenty-five percent (25%) will vest on February 27, 2021, and the remaining twenty-five percent (25%) will vest on February 27, 2022. The vested profits interest units have no expiration date.
- [F4]Exercise price of derivative security is $41.73.
- [F5]Date exercisable is 05/02/2008. The option vested as to 20% on 05/02/2008 and thereafter vested 1-2/3% monthly. The option became fully vested on 05/02/2012.
- [F6]Expiration date is 05/02/2017.
Documents
Issuer
Digital Realty Trust, Inc.
CIK 0001297996
Entity typeother
Related Parties
1- filerCIK 0001689711
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 9:50 PM ET
- Size
- 12.2 KB