4//SEC Filing
Sharp Christopher 4
Accession 0001415889-22-000315
CIK 0001494877other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 9:18 PM ET
Size
6.8 KB
Accession
0001415889-22-000315
Insider Transaction Report
Form 4
Sharp Christopher
Chief Technology Officer
Transactions
- Award
Long-Term Incentive Units
2022-01-01+4,523→ 54,216 total→ Common Units (3,548 underlying)
Footnotes (2)
- [F1]Long-Term Incentive Units are profits interest units in the Issuer, of which the Digital Realty Trust, Inc. is the general partner (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]The units will vest in four equal annual installments beginning on February 27, 2023. The vested profits interest units have no expiration date.
Documents
Issuer
DIGITAL REALTY TRUST, L.P.
CIK 0001494877
Entity typeother
Related Parties
1- filerCIK 0001714890
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 9:18 PM ET
- Size
- 6.8 KB