Filing Details
- Accession Number:
- 0001181431-10-026284
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-05-12 13:00:00
- Reporting Period:
- 2010-05-10
- Filing Date:
- 2010-05-12
- Accepted Time:
- 2010-05-12 20:11:02
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1297996 | Digital Realty Trust Inc. | DLR | Real Estate Investment Trusts (6798) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1307041 | E Scott Peterson | 560 Mission Street, Suite 2900 San Francisco CA 94105 | Senior Vp, Acquisitions | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2010-05-10 | 13,144 | $0.00 | 13,144 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-05-10 | 13,144 | $59.82 | 0 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-05-10 | 99 | $41.73 | 99 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-05-10 | 99 | $60.00 | 0 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2010-05-11 | 2,139 | $0.00 | 2,139 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-05-11 | 2,139 | $60.00 | 0 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2010-05-11 | 7,669 | $0.00 | 7,699 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-05-11 | 7,669 | $60.00 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Class C Profits Interest Units | Disposition | 2010-05-10 | 13,144 | $0.00 | 13,144 | $0.00 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2010-05-10 | 99 | $0.00 | 99 | $41.73 |
| Common Stock | Class C Profits Interest Units | Disposition | 2010-05-11 | 2,139 | $0.00 | 2,139 | $0.00 |
| Common Stock | Long-Term Incentive Units | Disposition | 2010-05-11 | 7,669 | $0.00 | 7,669 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 20,964 | No | 4 | M | Direct | ||
| 4,401 | 2017-05-02 | No | 4 | M | Direct | |
| 18,826 | No | 4 | M | Direct | ||
| 34,007 | No | 4 | M | Direct |
Footnotes
- Scott Peterson converted 13,144 Class C Profits Interest Units ("Class C Units") into common limited partnership units ("Common Units") of Digital Realty Trust, L.P., a Maryland Limited Partnership (the "Operating Partnership"), and subsequently redeemed the 13,144 Common Units for 13,144 shares of the common stock of Digital Realty Trust, Inc. (the "Issuer"), all in accordance with the requirements of the Limited Partnership Agreement of the Operating Partnership.
- Class C Units are membership interests in the Operating Partnership of which the Issuer is the general partner. Class C Units that have satisfied the performance condition and achieved full parity with Common Units receive the same quarterly distributions as Common Units, and may be converted into an equal number of Common Units on a one-for-one basis at any time. Common Units will be redeemable for cash based on the fair market value of an equivalent number of shares of the Issuer's common stock, or, at the election of the Issuer, for an equal number of shares of the Issuer's common stock. The Class C Units have achieved full parity with Common Units.
- Represents the average sale price. Exact sale prices range from $59.50 to $60.00.
- 1 for 1.
- N/A
- The option vested as to 20% on 05/02/2008 and thereafter vests 1-2/3% monthly.
- Scott Peterson converted 2,139 Class C Units into Common Units of the Operating Partnership and subsequently redeemed the 2,139 Common Units for 2,139 shares of the common stock of the Issuer, all in accordance with the requirements of the Limited Partnership Agreement of the Operating Partnership.
- Scott Peterson converted 7,669 long-term incentive units into Common Units of the Operating Partnership, and subsequently redeemed the 7,669 Common Units for 7,669 shares of the common stock of the Issuer, all in accordance with the requirements of the Limited Partnership Agreement of the Operating Partnership.
- Long-term incentive units are profits interest units in the Operating Partnership. Vested profits interest units may be converted into an equal number of Common Units in the Operating Partnership on a one-for-one basis at any time. Common Units are redeemable for cash based on the fair market value of an equivalent number of shares of the Issuer's common stock, or, at the election of the Issuer, for an equal number of shares of the Issuer's common stock, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events.
Billionaire Hedge Funds
