DUPONT FABROS TECHNOLOGY, INC. 4
4 · DUPONT FABROS TECHNOLOGY, INC. · Filed Mar 3, 2016
Insider Transaction Report
Form 4
Davis Scott A
EVP, Operations
Transactions
- Exercise/Conversion
Common Stock
2016-03-01+17,592→ 107,578 total - Exercise/Conversion
Performance Stock Units
2016-03-01−5,864→ 0 total→ Common Stock (5,864 underlying) - Tax Payment
Common Stock
2016-03-01$36.09/sh−13,362$482,235→ 94,216 total
Footnotes (2)
- [F1]These performance stock units were issued on February 23, 2013 under the Company's 2011 Equity Incentive Plan. Each unit represents the right to receive three shares of the Company's common stock, subject to performance-based vesting conditions and shall vest if (a) the Reporting Person remained in continuous service with the Company from the grant date until March 1, 2016, and (b) the total shareholder return of the Company's common stock for a 3 year performance period that commenced on January 1, 2013, exceeded the return of the MSCI US REIT Index for the 3-year performance period by 300 basis points. Because these performance-based vesting conditions were satisfied, on March 1, 2016, three shares of the Company's common stock were issued for each performance stock unit.
- [F2]Shares withheld by Registrant to satisfy minimum statutory withholding requirements on vesting of equity awards.