4//SEC Filing
Sanchack Erich 4
Accession 0001415889-21-001126
CIK 0001297996other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 9:37 PM ET
Size
9.9 KB
Accession
0001415889-21-001126
Insider Transaction Report
Form 4
Sanchack Erich
EVP, Operations
Transactions
- Award
Long-Term Incentive Units
2021-02-25+1,228→ 47,688 total→ Common Stock (1,228 underlying) - Tax Payment
Common Stock
2021-02-26$134.73/sh−4$539→ 858 total - Award
Common Stock
2021-02-26$110.92/sh+65$7,210→ 862 total
Footnotes (3)
- [F1]Acquired pursuant to the Company's 2015 Employee Stock Purchase Plan, as amended.
- [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]The units will vest in four equal annual installments beginning on February 27, 2022. The vested profits interest units have no expiration date.
Documents
Issuer
DIGITAL REALTY TRUST, INC.
CIK 0001297996
Entity typeother
Related Parties
1- filerCIK 0001731163
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 9:37 PM ET
- Size
- 9.9 KB