SEC Form 4 · accession 0001494877-15-000005
DIGITAL REALTY TRUST, L.P. · DLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M. Smith
Officer — Chief Technology Officer
Period of report
Mar 3, 2015
Accepted (ET)
Mar 5, 2015 · 8:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001494877
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF2 | Mar 3, 2015 | M | 1,634 | — | A | 1,634 | D | |
| Common UnitsF2 | Mar 3, 2015 | M | 1,634 | — | D | 0 | D |
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 UnitsF2,F3,F4 | — | Mar 3, 2015 | M | 1,634 | D | — | — | Common Units | 1,634 | 1,634 | D |
Explanation of responses
- F1The reporting person converted long-term incentive units into common limited partnership units ("Common Units") of the Issuer and subsequently redeemed the Common Units for shares of the common stock of Digital Realty Trust, Inc., a Maryland corporation and the general partner of the Issuer (the "General Partner"), all in accordance with the requirements of the Limited Partnership Agreement of the Issuer.
- F2Long-term incentive units are profits interest units in the Issuer that receive the same quarterly distributions as Common Units. Vested profits interest units may be converted into an equal number of Common Units in the Issuer on a one-for-one basis at any time. Common Units are redeemable for cash based on the fair market value of an equivalent number of shares of the General Partner's common stock, or, at the election of the General Partner, for an equal number of shares of the General Partner's common stock, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events.
- F31 for 1.
- F4N/A
Remarks
This statement of changes in beneficial ownership of securities ("Form 4") of the Issuer is filed to report information that is also being reported concurrently on a Form 4 for the General Partner. The information reported on this Form 4 for the Issuer is the same information reported in the Form 4 for the General Partner.