4//SEC Filing
SHAM EDWARD F 4
Accession 0001494877-19-000025
CIK 0001494877other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 8:21 PM ET
Size
6.7 KB
Accession
0001494877-19-000025
Insider Transaction Report
Form 4
SHAM EDWARD F
Vice President, Controller
Transactions
- Award
Long-Term Incentive Units
2019-02-21+1,325→ 77,294 total→ Common Units (1,325 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]Twenty-five percent (25%) of these units will vest on February 27, 2020, an additional twenty-five percent (25%) will vest on February 27, 2021, an additional twenty-five percent (25%) will vest on February 27, 2022, and the remaining twenty-five percent (25%) will vest on February 27, 2023. 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
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 8:21 PM ET
- Size
- 6.7 KB