-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DuUlVYtIVhh11hQtVRtPfWAx7ncGGqvjHUPnxls9i9/LDuDIXnrEOyg6wQ1MKnxn N786UZ0wYP5B56RuKlZD4w== 0001181431-07-030084.txt : 20070504 0001181431-07-030084.hdr.sgml : 20070504 20070504215957 ACCESSION NUMBER: 0001181431-07-030084 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070502 FILED AS OF DATE: 20070504 DATE AS OF CHANGE: 20070504 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Trout James CENTRAL INDEX KEY: 0001371569 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32336 FILM NUMBER: 07822144 BUSINESS ADDRESS: BUSINESS PHONE: 415-738-6500 MAIL ADDRESS: STREET 1: 560 MISSION STREET, SUITE 2900 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Digital Realty Trust, Inc. CENTRAL INDEX KEY: 0001297996 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 560 MISSION STREET STREET 2: SUITE 2900 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415)738-6500 MAIL ADDRESS: STREET 1: 560 MISSION STREET STREET 2: SUITE 2900 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 4 1 rrd157138.xml FORM 4 X0202 4 2007-05-02 0 0001297996 Digital Realty Trust, Inc. DLR 0001371569 Trout James 560 MISSION STREET, SUITE 2900 SAN FRANCISCO CA 94105 0 1 0 0 Sr. VP, Portfolio & Tech Ops Long-Term Incentive Units 2007-05-02 4 A 0 7189 0 A Common Stock 7189 7189 D Class C Profits Interest Units 2007-05-02 4 A 0 65688 0 A Common Stock 65688 65688 D Common Stock Options 41.73 2007-05-02 4 A 0 22000 0 A 2017-05-02 Common Stock 22000 22000 D Long-term incentive units are partnership interests in Digital Realty Trust, L.P., a Maryland limited partnership of which the issuer is the general partner (the "Operating Partnership"). Twenty percent of these units will vest on May 2, 2008 and thereafter 1 2/3% will vest monthly. Long-term incentive units receive the same quarterly distributions as common limited partnership units of the Operating Partnership ("Common Units"). (Continued on Footnote 2.) Upon vesting, long-term incentive units may initially not have full parity with Common Units with respect to liquidating distributions; however, upon the occurrence of specified events, long-term incentive units may achieve full parity with Common Units for all purposes, and thereafter vested long-term incentive units 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 issuer's common stock, or, at the election of the issuer, for an equal number of shares of the issuer's common stock, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events. Class C profits interest units ("Class C Units") are partnership interests in the Operating Partnership. Subject to the grantee's continuous service with the issuer, sixty percent of the Class C Units will vest on May 1, 2010 and thereafter 1-2/3% will vest monthly, except that 100% of the Class C Units will vest upon a change in control of the issuer, provided in each case that the cumulative return to the issuer's common stockholders as measured from May 1, 2007 through certain specified dates exceeds certain targets. Upon vesting, Class C Units will be treated in the same manner as long-term incentive units. Represents an option to purchase common stock in the Issuer, 20% of which will vest on May 2, 2008, and thereafter 1-2/3% will vest monthly. /s/ Barbara Polster, attorney-in-fact 2007-05-04 -----END PRIVACY-ENHANCED MESSAGE-----