Filing Details

Accession Number:
0001297996-18-000032
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-05 21:50:29
Reporting Period:
2017-03-09
Accepted Time:
2018-03-05 21:50:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1297996 Digital Realty Trust Inc. DLR Real Estate Investment Trusts (6798) 260081711
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1689711 Christopher Kenney Four Embarcadero Center
Suite 3200
San Francisco CA 94111
Svp,International,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 2017-03-09 10,000 $41.73 10,000 No 4 M Direct
Common Stock Disposition 2017-03-09 10,000 $103.47 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Long-Term Incentive Units Acquisiton 2018-03-01 1,334 $0.00 1,334 $0.00
Common Stock Employee Stock Option (right to buy) Disposition 2017-03-09 10,000 $0.00 10,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
92,619 No 4 A Direct
0 No 4 M Direct
Footnotes
  1. Price shown above is an average, actual sale prices range from $103.43 to $103.49.
  2. Long-Term Incentive Units are profits interest units in Digital Realty Trust, L.P. ("Operating Partnership"), of which the Issuer is the general partner. Profits interest units may initially not have full parity with common limited partnership units of Operating Partnership ("Common Units") with respect to liquidating distributions; however upon the occurrence of specified events, profits interest units may achieve full parity with Common Units for all purposes. Vested profits interest units that have achieved full parity with Common Units may be converted into an equal number of Common Units on a 1-for-1 basis at any time. Common Units are redeemable for cash based on the FMV of an equivalent number of shares of common stock of the Issuer, 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.
  3. Twenty-five percent (25%) of these units will vest on February 27, 2019, an additional twenty-five percent (25%) will vest on February 27, 2020, an additional twenty-five percent (25%) will vest on February 27, 2021, and the remaining twenty-five percent (25%) will vest on February 27, 2022. The vested profits interest units have no expiration date.
  4. Exercise price of derivative security is $41.73.
  5. Date exercisable is 05/02/2008. The option vested as to 20% on 05/02/2008 and thereafter vested 1-2/3% monthly. The option became fully vested on 05/02/2012.
  6. Expiration date is 05/02/2017.