Filing Details

Accession Number:
0001415889-20-002020
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-08-04 20:08:30
Reporting Period:
2020-07-31
Accepted Time:
2020-08-04 20:08:30
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
1307117 William A Stein Four Embarcadero Center, Suite 3200
San Francisco CA 94111
Chief Executive Officer No No 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 2020-07-31 25,200 $0.00 25,200 No 4 M Direct
Common Stock Disposition 2020-07-31 20,301 $160.23 4,899 No 4 S Direct
Common Stock Disposition 2020-07-31 1,800 $161.43 3,099 No 4 S Direct
Common Stock Disposition 2020-07-31 1,300 $163.02 1,799 No 4 S Direct
Common Stock Disposition 2020-07-31 1,399 $163.91 400 No 4 S Direct
Common Stock Disposition 2020-07-31 400 $164.91 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 S Direct
No 4 S Direct
No 4 S 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 Disposition 2020-07-31 25,200 $0.00 25,200 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
493,868 No 4 M Direct
Footnotes
  1. The reporting person converted long-term incentive units into common limited partnership units ("Common Units") of Digital Realty Trust, L.P. (the "Operating Partnership"), of which the Issuer is the general partner, and subsequently redeemed the Common Units for shares of the common stock of the Issuer, all in accordance with the requirements of the Limited Partnership Agreement of the Operating Partnership.
  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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $160 to $161. The reporting person undertakes to provide Digital Realty Trust, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $161.08 to $162.03. The reporting person undertakes to provide Digital Realty Trust, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $162.44 to $163.39. The reporting person undertakes to provide Digital Realty Trust, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $163.52 to $164.32. The reporting person undertakes to provide Digital Realty Trust, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.73 to $165.11. The reporting person undertakes to provide Digital Realty Trust, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote
  8. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan previously adopted by Mr. Stein.
  9. N/A