4//SEC Filing
Digital Realty Trust, L.P. 4
Accession 0001494877-17-000008
CIK 0001494877operating
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 6:07 PM ET
Size
7.0 KB
Accession
0001494877-17-000008
Insider Transaction Report
Form 4
Kenney Christopher
SVP,International,Acquisitions
Transactions
- Award
Long-Term Incentive Units
2017-01-04+11,038→ 80,281 total→ Common Stock (11,038 underlying)
Footnotes (2)
- [F1]Long-term incentive units are profits interest units in Digital Realty Trust, L.P., a Maryland limited partnership (the "Operating Partnership"), of which the Issuer is the general partner. Vested profits interestunits may be converted into an equal number of common limited partnership units ("Common Units") in the Operating Partnership subject to the terms of the Operating Partnership's limited partnershipagreement. Common Units are redeemable for cash based on the fair market value of an equivalent numbers of shares of the Issuer's common stock, or, at the election of the Issuer, for an equal number of sharesof 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]Reflects an award initially granted on February 11, 2014 that was subject to a performance-based vesting condition which was determined to be satisfied on January 4, 2017. The number of units reported herein includes 1,277 distribution equivalent units, which vested effective as of December 31, 2016. The remaining 9,761 units are subject to an additional time-based vesting condition, pursuant to which 50% will vest on February 27, 2017 and 50% will vest on February 27, 2018. The vested profits interest units have no expiration date.
Documents
Issuer
Digital Realty Trust, L.P.
CIK 0001494877
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001494877
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 6:07 PM ET
- Size
- 7.0 KB