4//SEC Filing
Wright Gregory S 4
Accession 0001415889-23-004457
CIK 0001297996other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 7:37 PM ET
Size
6.8 KB
Accession
0001415889-23-004457
Insider Transaction Report
Form 4
Wright Gregory S
Chief Investment Officer
Transactions
- Award
Long-Term Incentive Units
2023-02-22+10,805→ 68,943 total→ Common Stock (10,805 underlying)
Footnotes (2)
- [F1]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.
- [F2]The units will vest in two equal annual installments beginning on February 22, 2024. The vested profits interest units have no expiration date.
Documents
Issuer
DIGITAL REALTY TRUST, INC.
CIK 0001297996
Entity typeother
Related Parties
1- filerCIK 0001763455
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 7:37 PM ET
- Size
- 6.8 KB