0001181431-11-056644.txt : 20111116 0001181431-11-056644.hdr.sgml : 20111116 20111116201944 ACCESSION NUMBER: 0001181431-11-056644 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111114 FILED AS OF DATE: 20111116 DATE AS OF CHANGE: 20111116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: JACOBS ELLEN A CENTRAL INDEX KEY: 0001386065 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32336 FILM NUMBER: 111211332 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: 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 rrd326029.xml FORM 4 FOR ELLEN JACOBS (UNIT CONVERSION AND SALE, OPTION EXERCISE AND SALE) X0304 4 2011-11-14 0 0001297996 Digital Realty Trust, Inc. DLR 0001386065 JACOBS ELLEN A 560 MISSION STREET, SUITE 2900 SAN FRANCISCO CA 94105 0 1 0 0 Sr. VP, Human Resources Common Stock 2011-11-14 4 M 0 2500 A 2500 D Common Stock 2011-11-14 4 S 0 2500 65.00 D 0 D Common Stock 2011-11-14 4 M 0 1801 41.73 A 1801 D Common Stock 2011-11-14 4 S 0 1801 65.00 D 0 D Class C Profits Interest Units 2011-11-14 4 M 0 2500 0 D Common Stock 2500 13616 D Employee Stock Option (right to buy) 41.73 2011-11-14 4 M 0 1801 0 D 2017-05-02 Common Stock 1801 675 D In accordance with the terms of a Trading Plan (SEC Rule 10b5-1 Securities Exchange Act of 1934), Ellen Jacobs converted 2,500 Class C Profits Interest Units ("Class C Units") into common limited partnership units ("Common Units") of Digital Realty Trust, L.P., a Maryland Limited Partnership (the "Operating Partnership"), and subsequently redeemed the 2,500 Common Units for 2,500 shares of the common stock of Digital Realty Trust, Inc. (the "Issuer"), all in accordance with the requirements of the Limited Partnership Agreement of the Operating Partnership. Class C Units are membership interests in the Operating Partnership of which the Issuer is the general partner. Class C Units that have satisfied the performance condition and achieved full parity with 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 Issuer's common stock, or, at the election of the Issuer, for an equal number of shares of the Issuer's common stock. The Class C Units have achieved full parity with Common Units. 1 for 1. N/A Common Stock sold in accordance with the terms of a Trading Plan (SEC Rule 10b5-1 - Securities Exchange Act of 1934). Twenty percent of the option shares vested on May 2, 2008; thereafter 1/60th vest monthly so that the option will be fully vested on the fifth anniversary of the grant date. 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 2011-11-16