0000950170-24-005478.txt : 20240118 0000950170-24-005478.hdr.sgml : 20240118 20240118173021 ACCESSION NUMBER: 0000950170-24-005478 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240116 FILED AS OF DATE: 20240118 DATE AS OF CHANGE: 20240118 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Palazzolo Lori A CENTRAL INDEX KEY: 0001509314 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13545 FILM NUMBER: 24542968 MAIL ADDRESS: STREET 1: 4545 AIRPORT WAY CITY: DENVER STATE: CO ZIP: 80239 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Prologis, Inc. CENTRAL INDEX KEY: 0001045609 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 943281941 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: PIER 1 BAY 1 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4153949000 MAIL ADDRESS: STREET 1: PIER 1 BAY 1 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 FORMER COMPANY: FORMER CONFORMED NAME: AMB PROPERTY CORP DATE OF NAME CHANGE: 19970916 4 1 ownership.xml 4 X0508 4 2024-01-16 0001045609 Prologis, Inc. PLD 0001509314 Palazzolo Lori A C/O PROLOGIS, INC., PIER 1, BAY 1 SAN FRANCISCO CA 94111 false true false false Chief Accounting Officer/MD false Common Stock 224.089 I By 401(k) Plan LTIP Units 0.00 2024-01-16 2024-01-16 4 A false 2163 0.01 A Common Stock 2163 114208 D Restricted Stock Units 0.00 2024-01-16 2024-01-16 4 A false 3366 0.00 A Common Stock 3366 3366 D LTIP Units 0.00 2024-01-16 2024-01-16 4 A false 3463 0.01 A Common Stock 3463 117671 D Represents shares held in the company's 401(k) Plan as of December 31, 2023. Represents LTIP Units of Prologis, L.P. (the "LTIP Units") which vest 25% on each of 1/16/2025, 1/16/2026, 1/16/2027 and 1/16/2028 subject to continued employment. The LTIP Units were issued to the reporting person pursuant to the Prologis, Inc. 2020 Long-Term Incentive Plan (the "2020 LTIP"). Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in Prologis, L.P. (a "Common Unit"). Each Common Unit acquired upon conversion of a vested LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of Common Stock of the Company (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested LTIP Units into Common Units and redeem Common Units have no expiration dates. Restricted Stock Units (RSUs) granted in exchange for a cash bonus on January 16, 2024 and vested 80% on January 16, 2025, 10% on January 16, 2026 and 10% on January 16, 2027. RSUs have no exercise price or expiration date. Represents LTIP Units of Prologis, L.P. (the "LTIP Units") that were issued to the reporting person pursuant to the Prologis Outperformance Plan. /s/ Tammy Colvocoresses Attorney-In-Fact for Lori A. Palazzolo 2024-01-18