4//SEC Filing
Digital Realty Trust, L.P. 4
Accession 0001494877-17-000010
CIK 0001494877operating
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 6:17 PM ET
Size
9.6 KB
Accession
0001494877-17-000010
Insider Transaction Report
Form 4
Peterson Scott E
Senior VP, Acquisitions
Transactions
- Award
Long-Term Incentive Units
2017-01-04+49,059→ 106,460 total→ Common Units (49,059 underlying) - Award
Long-Term Incentive Units
2017-01-04+16,414→ 122,874 total→ Common Units (16,414 underlying)
Footnotes (3)
- [F1]Long-term incentive units are profits interest units in the Issuer, of which Digital Realty Trust, Inc. ("General Partner") is the general partner. Vested profits interest units may be converted into an equal number of common limited partnership ("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.
- [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 5,675 distribution equivalent units, which vested effective as of December 31, 2016. The remaining 43,384 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.
- [F3]Reflects an award initially granted on April 28, 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 1,928 distribution equivalent units, which vested effective as of December 31, 2016. The remaining 14,486 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, 6:17 PM ET
- Size
- 9.6 KB