Digital Realty Trust, Inc. 4
4 · Digital Realty Trust, Inc. · Filed Aug 5, 2008
Insider Transaction Report
Form 4
Trout James
Sr. VP, Portfolio & Tech Ops
Transactions
- Sale
Common Stock
2008-08-01$43.28/sh−194$8,396→ 0 total - Sale
Common Stock
2008-08-04$42.99/sh−120$5,159→ 0 total - Exercise/Conversion
Common Stock
2008-08-04+120→ 120 total - Exercise/Conversion
Long-Term Incentive Units
2008-08-01−194→ 17,342 total→ Common Stock (194 underlying) - Exercise/Conversion
Common Stock
2008-08-01+194→ 194 total - Exercise/Conversion
Long-Term Incentive Units
2008-08-04−120→ 17,222 total→ Common Stock (120 underlying)
Footnotes (6)
- [F1]In accordance with the terms of a Trading Plan (SEC Rule 10b5-1 - Securities Exchange Act of 1934) established on March 17, 2008, James Trout converted 194 long-term incentive 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 194 Common Units for 194 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.
- [F2]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.
- [F3]1 for 1.
- [F4]N/A.
- [F5]Common Stock sold in accordance with the terms of a Trading Plan (SEC Rule 10b5-1 - Securities Exchange Act of 1934) established on March 17, 2008.
- [F6]In accordance with the terms of a Trading Plan (SEC Rule 10b5-1 - Securities Exchange Act of 1934) established on March 17, 2008, James Trout converted 120 long-term incentive 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 120 Common Units for 120 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.