DUPONT FABROS TECHNOLOGY, INC. 4/A
4/A · DUPONT FABROS TECHNOLOGY, INC. · Filed Jun 15, 2017
Insider Transaction Report
Form 4/AAmended
du Pont Lammot J
DirectorExecutive Chairman
Transactions
- Award
Common Stock
2017-06-12+2,626→ 120,496 total - Tax Payment
Common Stock
2017-06-12$60.94/sh−1,008$61,422→ 119,488 total
Holdings
- 1,592,419(indirect: By LLC)
OP Units
→ Common Stock (1,592,419 underlying) - 204,095(indirect: By Corporation)
OP Units
→ Common Stock (204,095 underlying) - 1,250,109
OP Units
→ Common Stock (1,250,109 underlying) - 289,025(indirect: By LP)
OP Units
→ Common Stock (289,025 underlying) - 33,972(indirect: By Corporation)
Common Stock
Footnotes (4)
- [F1]On June 12, 2017, pursuant to the Issuer's compensation policy for the Chairman of the Board, the Compensation Committee granted to the Reporting Person of an award of common stock in an amount equal to $160,000. The number of shares of common stock granted for the award described above was based on the average of the opening and closing price per share of the Issuer's common stock on June 12, 2017, or $60.935.
- [F2]Shares withheld by Issuer to satisfy minimum statutory withholding requirements on award of stock.
- [F3]"OP Units" represent limited partner interests of DuPont Fabros Technology, L.P., a Maryland limited partnership (the "OP"), the operating partnership of DuPont Fabros Technology, Inc. (the "Issuer"), of which the Issuer is the sole general partner. OP Units are redeemable twelve (12) months from the transaction date pursuant to which the OP units were issued for cash equal to the then current market value of one share of the Issuer's common stock, or, at the election of the Issuers, and equal number of shares of the Issuer's common stock.
- [F4]All of these OP Units are immediately redeemable (subject to certain limitations set forth in agreement of limited partnership of the OP). OP Units have no expiration date.