SEC Form 4 · accession 0001209191-15-015590
Prologis, Inc. · PLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas S Olinger
Officer — Chief Financial Officer
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 6:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001045609
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 13, 2015 | J | 4,552 | $0.00 | D | 45,253 | D | |
| Common StockF1,F2 | Feb 13, 2015 | J | 4,552 | $0.00 | A | 44,827 | I | Rabbi Trust |
| Common StockF3,F2 | Feb 13, 2015 | M | 9,626 | $0.00 | A | 54,453 | I | Rabbi Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | $0.00 | Feb 13, 2015 | M | 9,626 | D | — | — | Common Stock | 9,626 | 9,626 | D |
Explanation of responses
- F1Transfer of ownership from direct to indirect (Rabbi Trust) of restricted stock (RSAs) following vest on February 1, 2015 and issuance to reporting person on February 13, 2015. RSAs are deferred pursuant to deferral election under our non-qualified deferred compensation (NQDC) plans.
- F2Held indirectly through a rabbi trust pursuant to our NQDC plans.
- F3Conversion of 33% of the original Restricted Stock Unit (RSU) grant following vest on February 5, 2015. The RSU grant converts into Prologis common stock upon vesting on a 1-for-1 basis, and has no exercise price or expiration date. Such shares were deferred under our NQDC plan upon conversion on February 13, 2015. The remaining 33% of the original RSU grant will vest on February 5, 2016.