SEC Form 4 · accession 0001407739-15-000048
DUPONT FABROS TECHNOLOGY, INC. · DFT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey H Foster
Officer — Chief Financial Officer · Director · 10% Owner
Period of report
Mar 16, 2015
Accepted (ET)
Mar 18, 2015 · 4:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001407739
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 16, 2015 | A | 9,271 | $0.00 | A | 28,813 | D | |
| 7.875% Series A Cumulative Redeemable Perpetual Preferred Sk | holding | — | — | — | 500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF2,F3 | — | Mar 16, 2015 | A | 9,271 | A | — | Mar 1, 2018 | Common Stock | 9,271 | 9,271 | D |
Explanation of responses
- F1Securities are restricted and subject to forfeiture until vested; securities vest one third on each March 1, 2016, 2017 and 2018.
- F2These Performance stock units are issued under the Company's 2011 Equity Incentive Plan. Each unit represents the right to receive one share of the underlying security at a date in the future, subject to adjustment pursuant to the terms of the award.
- F3These performance stock units are subject to performance-based vesting conditions and shall vest if (a) the Reporting Person remains in continuous service with the Company from the grant date until March 1, 2018, and (b) with respect one-half of the award, the total shareholder return of the Company's common stock (the "Company TSR") for a 3-year Performance Period that commenced on January 1, 2015 (the "Performance Period"), meets or exceeds the return of the MSCI US REIT Index for the Performance Period, and (c) with respect to the remaining half of the award, the Company TSR for the Performance Period meets or exceeds the return of an index of publicly-traded data center companies for the Performance Period.