SEC Form 5 · accession 0001297996-17-000002
DIGITAL REALTY TRUST, INC. · DLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua A. Mills
Officer — SVP & General Counsel
Period of report
Dec 31, 2016
Accepted (ET)
Jan 3, 2017 · 6:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001297996
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-Term Incentive UnitsF1,F3 | — | Mar 16, 2016 | G | 115 | D | — | — | Common Stock | 115 | 32,532 | D |
Explanation of responses
- F1Long-term incentive units are profits interest units in Digital Realty Trust, L.P., a Maryland limited partnership (the "Operating Partnership"), of which the Issuer is the general partner. Vested profits interest units may be converted into an equal number of common limited partnership units ("Common Units") in the Operating Partnership subject to the terms of the Operating Partnership's limited partnership agreement. Common Units are redeemable for cash based on the fair market value of an equivalent numbers 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.
- F2The reporting person converted Long-Term Incentive Units into Common Units of the Operating Partnership and subsequently transferred the Common Units as a gift to a charitable foundation, all in accordance with the requirements of the Limited Partnership Agreement of the Operating Partnership.
- F3N/A
Remarks
This statement of changes in beneficial ownership ("Form 5") of securities of the Issuer is being filed to report a transaction(s) that is also being reported concurrently on a Form 5 for the Operating Partnership. The change(s) in beneficial ownership reported on this Form 5 for the Issuer are as a result of the same transaction(s) reported in the Form 5 for the Operating Partnership.