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