SEC Form 4 · accession 0001209191-17-030458
Prologis, Inc. · PLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christine Garvey
Director
Period of report
May 3, 2017
Accepted (ET)
May 5, 2017 · 7:47 pm EDT
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 | May 3, 2017 | M | 16,104 | $0.00 | A | 16,104 | D | |
| Common StockF2 | May 3, 2017 | M | 15,392 | $0.00 | A | 31,496 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock Units and Dividend Equivalent UnitsF1 | $0.00 | May 3, 2017 | M | 16,106 | D | — | — | Common Stock | 16,106 | 0 | D |
| Deferred Stock Units and Dividend Equivalent Units-NQDCF2 | $0.00 | May 3, 2017 | M | 15,395 | D | — | — | Common Stock | 15,395 | 3,716 | D |
Explanation of responses
- F1Conversion of Deferred Stock Units (DSUs)and Dividend Equivalent Units (DEUs) associated with previous service on the board of ProLogis, our merger partner, and assumed by us in June 2011, following vest on May 3, 2017 as terms of retirement of reporting person. The difference of 2 shares represents cumulative fractional shares which have been converted to a cash payout.
- F2Conversion of DSUs and DEUs that were deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan) following vest on May 3, 2017 as terms of retirement of reporting person. The DSUs and DEUs convert into Prologis common stock on a 1-for-1 basis, and have no exercise price or expiration date. The difference of 3 shares represents cumulative fractional shares which have been converted to a cash payout.