SEC Form 4 · accession 0001494877-16-000068
DIGITAL REALTY TRUST, L.P. · DLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis E Singleton
Director
Period of report
May 10, 2016
Accepted (ET)
May 12, 2016 · 4:33 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 | 2,403 | A | — | — | Common Units | 2,403 | 24,811 | D |
Explanation of responses
- F1Long-term incentive units are partnership interests in the Issuer, of which Digital Realty Trust, Inc. (the "General Partner") is the general partner. These units were fully vested on the grant date. Long-term incentive units receive the same quarterly distributions as common limited partnership units of the Issuer ("Common Units"). Upon the occurrence of specified events, long-term incentive units may achieve full parity with Common Units. Thereafter, vested long-term incentive 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 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, in each case, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, 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 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.