Digital Realty Trust, L.P. 4
4 · Digital Realty Trust, L.P. · Filed Nov 17, 2016
Insider Transaction Report
Form 4
EARLEY KATHLEEN
Director
Transactions
- Exercise/Conversion
Common Units
2016-11-16+2,297→ 19,137 total - Exercise/Conversion
Long-Term Incentive Units
2016-11-16−2,297→ 3,464 total→ Common Units (2,297 underlying)
Footnotes (4)
- [F1]The reporting person converted long-term incentive units into common limited partnership units ("Common Units") of the Issuer and subsequently redeemed the Common Units for shares of the common stock of Digital Realty Trust, Inc., a Maryland corporation (the "General Partner"), all in accordance with the requirements of the Limited Partnership Agreement of the Issuer
- [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 on a one-for-one basis at any time. Common Units are redeemable for cash based on the fair market value of an equivalent number 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]1-for-1
- [F4]N/A