MOHEBBI AFSHIN 4
4 · Digital Realty Trust, L.P. · Filed Nov 29, 2018
Insider Transaction Report
Form 4
MOHEBBI AFSHIN
Director
Transactions
- Award
Long-Term Incentive Units
2018-11-27+89→ 3,823 total→ Common Units (89 underlying)
Footnotes (2)
- [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]100% of these units will vest on the date of the Company's 2019 Annual Meeting of Stockholders. The vested profits interest units have no expiration date.