4//SEC Filing
SHAM EDWARD F 4
Accession 0001297996-20-000024
CIK 0001297996other
Filed
Jan 14, 7:00 PM ET
Accepted
Jan 15, 8:39 PM ET
Size
9.8 KB
Accession
0001297996-20-000024
Insider Transaction Report
Form 4
SHAM EDWARD F
Vice President, Controller
Transactions
- Award
Long-Term Incentive Units
2020-01-13+300→ 52,649 total→ Common Stock (300 underlying) - Award
Long-Term Incentive Units
2020-01-13+3,688→ 52,349 total→ Common Stock (3,688 underlying)
Footnotes (3)
- [F1]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.
- [F2]Reflects an award initially granted on January 1, 2017 that was subject to a performance-based vesting condition which was determined to be satisfied on January 13, 2020. The number of units reported herein includes 302 distribution equivalent units, which vested effective as of December 31, 2019. The remaining 3,386 units are subject to an additional time-based vesting condition, pursuant to which 50% of the units will vest annually over two years, beginning on February 27,2020. The vested profits interest units have no expiration date.
- [F3]Reflects an award initially granted on February 28, 2017 that was subject to a performance-based vesting condition which was determined to be satisfied on January 13, 2020. The number of units reported herein includes 25 distribution equivalent units, which vested effective as of December 31, 2019. The remaining 275 units are subject to an additional time-based vesting condition, pursuant to which 50% of the units will vest annually over two years, beginning on February 27,2020. The vested profits interest units have no expiration date.
Documents
Issuer
DIGITAL REALTY TRUST, INC.
CIK 0001297996
Entity typeother
Related Parties
1- filerCIK 0001286195
Filing Metadata
- Form type
- 4
- Filed
- Jan 14, 7:00 PM ET
- Accepted
- Jan 15, 8:39 PM ET
- Size
- 9.8 KB