4//SEC Filing
Eldredge Christopher P. 4
Accession 0001407739-17-000131
CIK 0001407739other
Filed
Sep 17, 8:00 PM ET
Accepted
Sep 18, 3:21 PM ET
Size
9.1 KB
Accession
0001407739-17-000131
Insider Transaction Report
Form 4
Eldredge Christopher P.
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Common Stock
2017-09-14−66,490→ 0 total - Disposition to Issuer
Performance Stock Units
2017-09-14−58,878→ 0 total→ Common Stock (58,878 underlying)
Footnotes (4)
- [F1]On September 14, 2017, pursuant to the Agreement and Plan of Merger dated as of June 8, 2017 (the Merger Agreement), by and among Digital Realty Trust, Inc. (DLR), Penguins REIT Sub, LLC (REIT Merger Sub), Digital Realty Trust, L.P. (DLR OP), Penguins OP Sub 2, LLC (Merger Sub GP), Penguins OP Sub, LLC (OP Merger Sub), DuPont Fabros Technology, Inc. (DFT) and DuPont Fabros Technology, L.P. (DFT OP), DLR and DFT combined through (i) a merger of DFT with and into REIT Merger Sub, with REIT Merger Sub surviving the merger as the surviving entity (the REIT Merger), and (ii) a merger of OP Merger Sub with and into DFT OP, with DFT OP surviving the merger as the surviving partnership. Pursuant to the Merger Agreement, at the effective time of the REIT 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 DLR common stock.
- [F2]These performance stock units (PSUs) were issued under the Companys 2011 Equity Incentive Plan. Each unit represents the right to receive one share of the underlying security at a date in the future, subject to adjustment pursuant to the terms of the award.
- [F3]These performance stock units are subject to performance-based vesting conditions based on (a) the Reporting Persons continuous service with the Company from the grant date until March 1, 2018 (with respect to 10,816 of the PSUs) or February 1, 2019 (with respect to 48,062 of the PSUs), and (b) with respect to one-half of the award, the total shareholder return of the Companys common stock (the Company TSR) for a 3-year Performance Period that commenced on January 1, 2015 (with respect to 10,816 PSUs) or January 1, 2016 (with respect to 48,062 PSUs) (the Performance Period), as compared to the return of the MSCI US REIT Index for the 3-year Performance Period, and (c) with respect to the remaining half of the award, the Company TSR for the applicable Performance Period as compared to the return of an index of publicly-traded data center companies for the applicable 3-year Performance Period.
- [F4]At the effective time of the REIT Merger, each award of PSUs that was outstanding as of immediately prior to the effective time of the REIT Merger was converted into the right to receive 0.545 PSUs of DLR. Following such conversion, such DLR PSUs vested and were converted into common stock of DLR.
Documents
Issuer
DUPONT FABROS TECHNOLOGY, INC.
CIK 0001407739
Entity typeother
Related Parties
1- filerCIK 0001633035
Filing Metadata
- Form type
- 4
- Filed
- Sep 17, 8:00 PM ET
- Accepted
- Sep 18, 3:21 PM ET
- Size
- 9.1 KB