4//SEC Filing
SHAM EDWARD F 4
Accession 0001494877-20-000016
CIK 0001494877other
Filed
Jan 14, 7:00 PM ET
Accepted
Jan 15, 8:38 PM ET
Size
9.5 KB
Accession
0001494877-20-000016
Insider Transaction Report
Form 4
SHAM EDWARD F
Vice President, Controller
Transactions
- Award
Long-Term Incentive Units
2020-01-13+3,688→ 52,349 total→ Common Units (3,688 underlying) - Award
Long-Term Incentive Units
2020-01-13+300→ 52,649 total→ Common Units (300 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 January 1, 2017 that was subject to a performance-based vesting condition which was determined to be satisfied on January 13, 2020. The number of units reported herein includes 302 distribution equivalent units, which vested effective as of December 31, 2019. The remaining 3,386 units are subject to an additional time-based vesting condition, pursuant to which 50% of the units will vest annually over two years, beginning on February 27,2020. The vested profits interest units have no expiration date.
- [F3]Reflects an award initially granted on February 28, 2017 that was subject to a performance-based vesting condition which was determined to be satisfied on January 13, 2020. The number of units reported herein includes 25 distribution equivalent units, which vested effective as of December 31, 2019. The remaining 275 units are subject to an additional time-based vesting condition, pursuant to which 50% of the units will vest annually over two years, beginning 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 14, 7:00 PM ET
- Accepted
- Jan 15, 8:38 PM ET
- Size
- 9.5 KB