0001181431-11-025707.txt : 20110427 0001181431-11-025707.hdr.sgml : 20110427 20110427202307 ACCESSION NUMBER: 0001181431-11-025707 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110425 FILED AS OF DATE: 20110427 DATE AS OF CHANGE: 20110427 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Zerbst Robert H CENTRAL INDEX KEY: 0001377615 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32336 FILM NUMBER: 11785159 MAIL ADDRESS: STREET 1: 515 SOUTH FLOWER STREET, SUITE 3100 CITY: LOS ANGELES STATE: CA ZIP: 90071 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Digital Realty Trust, Inc. CENTRAL INDEX KEY: 0001297996 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 260081711 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 rrd309558.xml FORM 4 FOR ROBERT H. ZERBST (EQUITY AWARD) X0303 4 2011-04-25 0 0001297996 Digital Realty Trust, Inc. DLR 0001377615 Zerbst Robert H 560 MISSION STREET, SUITE 2900 SAN FRANCISCO CA 94105 1 0 0 0 Long-Term Incentive Units 2011-04-25 4 A 0 1194 0 A Common Stock 1194 3160 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"). 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 Operating Partnership ("Common Units"). 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. (Continued in Footnote 2) 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, in each case, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events. N/A This statement of changes in beneficial ownership ("Form 4") of securities of the Issuer is being filed to report a transaction that is also being reported concurrently on a Form 4 for the Operating Partnership. The change in beneficial ownership of long-term incentive units reported on this Form 4 for the Issuer are as a result of the same transaction reported in the Form 4 for the Operating Partnership. /s/ Barbara Polster, attorney-in-fact 2011-04-27