Mercier Matt 4
4 · DIGITAL REALTY TRUST, INC. · Filed Dec 12, 2024
Insider Transaction Report
Form 4
Mercier Matt
CFO
Transactions
- Exercise/Conversion
Long-Term Incentive Units
2024-12-10−2,518→ 34,349 total→ Common Stock (2,518 underlying) - Sale
Common Stock
2024-12-12$187.40/sh−2,518$471,873→ 0 total - Exercise/Conversion
Common Stock
2024-12-10+2,518→ 2,518 total
Footnotes (3)
- [F1]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.
- [F2]Long-term incentive units are profits interest units in the Issuer. Vested profits interest units may be converted into an equal number of Common Units in the Issuer subject to the terms of the Issuer's limited partnership agreement. Common Units are redeemable for cash based on the fair market value of an equivalent numbers of shares of the General Partner's common stock, or, at the election of the General Partner, for an equal number of shares of the General Partner'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]N/A