SEC Form 4 · accession 0001407739-17-000023
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
Jan 20, 2017
Accepted (ET)
Jan 24, 2017 · 4:10 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 | Jan 20, 2017 | A | 10,263 | $0.00 | A | 51,309 | 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 | — | Jan 20, 2017 | M | 6,842 | D | — | — | Common Stock | 6,842 | 0 | D |
Explanation of responses
- F1These securities were awarded based on the satisfaction of performance criteria of the restricted stock unit described in footnote 2 below, and are restricted and subject to forfeiture until March 1, 2017.
- F2These performance-based restricted stock units were awarded on February 12, 2014, and provide that the award will vest if (a) the Reporting Person remains in continuous service with the Company until March 1, 2017, and (b) with respect to 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, 2014 (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.