SEC Form 4 · accession 0001494877-16-000066
DIGITAL REALTY TRUST, L.P. · DLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert H Zerbst
Director
Period of report
May 10, 2016
Accepted (ET)
May 12, 2016 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001494877
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,F2,F3 | — | May 10, 2016 | A | 1,335 | A | — | — | Common Units | 1,335 | 11,527 | D |
Explanation of responses
- F1Long-Term Incentive Units are profits interest units in the Issuer, of which Digital Realty Trust, Inc. ("General Partner") is the general partner. Profits interest units may initially not have full parity with common limited partnership units of the Issuer ("Common Units") with respect to liquidating distributions; however upon the occurrence of specified events, profits interest units may achieve full parity with Common Units for all purposes. These units were fully vested on the grant date. Vested profits interest units that have achieved full parity with Common Units may be converted into an equal number of Common Units on a 1-for-1 basis at any time. Common Units are redeemable for cash based on the FMV of an equivalent number of shares of common stock of General Partner or, at the election of General Partner, for an equal number of shares of General Partner's common stock, subject to adjustment in the event of stock splits, specified extraordinary distributions or similar events.
- F21-for-1
- F3N/A
Remarks
This statement of changes in beneficial ownership of securities ("Form 4") of the Issuer is being filed to report transactions that are being reported concurrently on a Form 4 for the General Partner. The changes in beneficial ownership reported on this Form 4 for the Issuer are as a result of the same transactions reported in the Form 4 for the General Partner.