4//SEC Filing
Digital Realty Trust, L.P. 4
Accession 0001494877-15-000009
CIK 0001494877operating
Filed
Apr 21, 8:00 PM ET
Accepted
Apr 22, 7:20 PM ET
Size
7.0 KB
Accession
0001494877-15-000009
Insider Transaction Report
Form 4
Appleby Jarrett
Chief Operating Officer
Transactions
- Award
Long-Term Incentive Units
2015-04-20+9,878→ 9,878 total→ Common Units (9,878 underlying)
Footnotes (4)
- [F1]Long-Term Incentive Units are profits interest units in the Issuer, of which Digital Realty Trust, Inc. ("General Partner") is the general partner. Profits interest units may initially not have full parity with common limited partnership units of the Issuer ("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 General Partner or, at the election of General Partner, for an equal number of shares of General Partner'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]1-for-1
- [F3]Twenty-five percent (25%) of these units will vest on April 20, 2016, an additional twenty-five percent (25%) will vest on April 20, 2017, an additional twenty-five percent (25%) will vest on April 20, 2018, and the remaining twenty-five percent (25%) will vest on April 20, 2019.
- [F4]N/A
Documents
Issuer
Digital Realty Trust, L.P.
CIK 0001494877
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001494877
Filing Metadata
- Form type
- 4
- Filed
- Apr 21, 8:00 PM ET
- Accepted
- Apr 22, 7:20 PM ET
- Size
- 7.0 KB