4//SEC Filing
SHAM EDWARD F 4
Accession 0001494877-19-000008
CIK 0001494877other
Filed
Jan 10, 7:00 PM ET
Accepted
Jan 11, 5:34 PM ET
Size
6.9 KB
Accession
0001494877-19-000008
Insider Transaction Report
Form 4
SHAM EDWARD F
Vice President, Controller
Transactions
- Award
Long-Term Incentive Units
2019-01-09+11,460→ 75,969 total→ Common Units (11,460 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]Reflects an award initially granted on January 1, 2016 that was subject to a performance-based vesting condition which was determined to be satisfied on January 9, 2019. The number of units reported herein includes 1,012 distribution equivalent units, which vested effective as of December 31, 2018. The remaining 10,488 units are subject to an additional time-based vesting condition, pursuant to which 50% will vest on February 27, 2019 and 50% will vest on February 27, 2020. The vested profits interest units have no expiration date.
Documents
Issuer
Digital Realty Trust, L.P.
CIK 0001494877
Entity typeother
Related Parties
1- filerCIK 0001286195
Filing Metadata
- Form type
- 4
- Filed
- Jan 10, 7:00 PM ET
- Accepted
- Jan 11, 5:34 PM ET
- Size
- 6.9 KB