SEC Form 5 · accession 0001494877-17-000002
DIGITAL REALTY TRUST, L.P. · DLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua A. Mills
Officer — SVP & General Counsel
Period of report
Dec 31, 2016
Accepted (ET)
Jan 3, 2017 · 6:29 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 16, 2016 | M | 115 | — | A | 115 | D | |
| Common Units | Mar 16, 2016 | G | 115 | $0.00 | 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 16, 2016 | G | 115 | D | — | — | Common Units | 115 | 32,532 | D |
Explanation of responses
- F1The reporting person converted long-term incentive units into Common Units of the Issuer and subsequently transferred the Common Units as a gift to a charitable foundation, all in accordance with the requirements of the Limited Partnership Agreement of the Issuer.
- F2Long-term incentive units are membership interests in the Issuer, of which Digital Realty Trust, Inc., a Maryland corporation (the "General Partner") is the general partner. Vested long-term incentive units that have satisfied the performance condition and achieved full parity with the Common Units receive the same quarterly distributions as Common Units, and may be converted into an equal number of Common Units on a one-for-one basis at any time. Common Units will be 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.
- F31-for-1
- F4N/A
Remarks
This statement of changes in beneficial ownership ("Form 5") of securities of the Issuer is being filed to report a transaction(s) that is also being reported concurrently on a Form 5 for the General Partner. The change(s) in beneficial ownership reported on this Form 5 for the Issuer are as a result of the same transaction(s) reported in the Form 5 for the General Partner.