0001415889-20-001968.txt : 20200729
0001415889-20-001968.hdr.sgml : 20200729
20200729185833
ACCESSION NUMBER: 0001415889-20-001968
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200727
FILED AS OF DATE: 20200729
DATE AS OF CHANGE: 20200729
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Stein A William
CENTRAL INDEX KEY: 0001307117
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32336
FILM NUMBER: 201058472
MAIL ADDRESS:
STREET 1: DIGITAL REALTY TRUST, INC.
STREET 2: FOUR EMBARCADERO CENTER, SUITE 3200
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
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: FOUR EMBARCADERO CENTER
STREET 2: SUITE 3200
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
BUSINESS PHONE: (415)738-6500
MAIL ADDRESS:
STREET 1: FOUR EMBARCADERO CENTER
STREET 2: SUITE 3200
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
FORMER COMPANY:
FORMER CONFORMED NAME: Digital Realty Trust, Inc.
DATE OF NAME CHANGE: 20040722
4
1
form4-07292020_030721.xml
X0306
4
2020-07-27
0001297996
DIGITAL REALTY TRUST, INC.
DLR
0001307117
Stein A William
FOUR EMBARCADERO CENTER, SUITE 3200
SAN FRANCISCO
CA
94111
true
true
false
false
CHIEF EXECUTIVE OFFICER
Common Stock
2020-07-27
4
M
0
25000
0
A
25000
D
Common Stock
2020-07-27
4
S
0
11889
150.58
D
13111
D
Common Stock
2020-07-27
4
S
0
13111
150.67
D
0
D
Long-Term Incentive Units
2020-07-27
4
M
0
25000
0
D
Common Stock
25000
544068
D
The reporting person converted long-term incentive units into common limited partnership units ("Common Units") of Digital Realty Trust, L.P. (the "Operating Partnership"), of which the Issuer is the general partner, and subsequently redeemed the Common Units for shares of the common stock of the Issuer, all in accordance with the requirements of the Limited Partnership Agreement of the Operating Partnership.
Long-Term Incentive Units are profits interest units in Digital Realty Trust, L.P. ("Operating Partnership"), of which the Issuer is the general partner. Profits interest units may initially not have full parity with common limited partnership units of Operating Partnership ("Common Units") with respect to liquidating distributions; however upon the occurrence of specified events, profits interest units may achieve full parity with Common Units for all purposes. Vested profits interest units that have achieved full parity with Common Units may be converted into an equal number of Common Units on a 1-for-1 basis at any time. Common Units are redeemable for cash based on the FMV of an equivalent number of shares of common stock of the Issuer, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.07 to $151.07. The reporting person undertakes to provide Digital Realty Trust, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.08 to $151.11. The reporting person undertakes to provide Digital Realty Trust, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan previously adopted by Mr. Stein.
N/A
s statement of changes in beneficial ownership of securities ("Form 4") of the Issuer is filed to report information that is also being reported concurrently on a Form 4 for the Operating Partnership. The information reported on this Form 4 for the Issuer is the same information reported in the Form 4 for the Operating Partnership.
/s/ Christopher Visgilio, Attorney-in-Fact
2020-07-29