SEC Form 4 · accession 0001407739-16-000189
DUPONT FABROS TECHNOLOGY, INC. · DFT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Montfort Jr.
Officer — General Counsel
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 4:31 pm EST
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 1, 2016 | M | 15,393 | — | A | 59,005 | D | |
| Common StockF2 | Mar 1, 2016 | F | 7,736 | $36.09 | D | 51,269 | 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 UnitsF1 | — | Mar 1, 2016 | M | 5,179 | D | — | — | Common Stock | 5,179 | 0 | D |
Explanation of responses
- F1These performance stock units were issued on February 23, 2013 under the Company's 2011 Equity Incentive Plan. Each unit represents the right to receive three shares of the Company's common stock, subject to performance-based vesting conditions and shall vest if (a) the Reporting Person remained in continuous service with the Company from the grant date until March 1, 2016, and (b) the total shareholder return of the Company's common stock for a 3 year performance period that commenced on January 1, 2013, exceeded the return of the MSCI US REIT Index for the 3-year performance period by 300 basis points. Because these performance-based vesting conditions were satisfied, on March 1, 2016, three shares of the Company's common stock were issued for each performance stock unit.
- F2Shares withheld by Registrant to satisfy minimum statutory withholding requirements on vesting of equity awards.