0001415889-23-001101.txt : 20230118 0001415889-23-001101.hdr.sgml : 20230118 20230118173729 ACCESSION NUMBER: 0001415889-23-001101 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230113 FILED AS OF DATE: 20230118 DATE AS OF CHANGE: 20230118 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Power Andrew CENTRAL INDEX KEY: 0001641275 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32336 FILM NUMBER: 23535339 MAIL ADDRESS: STREET 1: FOUR EMBARCADERO CENTER STREET 2: 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: 5707 SOUTHWEST PARKWAY, BUILDING 1 STREET 2: SUITE 275 CITY: AUSTIN STATE: TX ZIP: 78735 BUSINESS PHONE: (737) 281-0101 MAIL ADDRESS: STREET 1: 5707 SOUTHWEST PARKWAY, BUILDING 1 STREET 2: SUITE 275 CITY: AUSTIN STATE: TX ZIP: 78735 FORMER COMPANY: FORMER CONFORMED NAME: Digital Realty Trust, Inc. DATE OF NAME CHANGE: 20040722 4 1 form4-01182023_100120.xml X0306 4 2023-01-13 0001297996 DIGITAL REALTY TRUST, INC. DLR 0001641275 Power Andrew 5707 SOUTHWEST PARKWAY BUILDING 1, SUITE 275 AUSTIN TX 78735 false true false false PRESIDENT AND CEO Long-Term Incentive Units 2023-01-13 4 A 0 11562 0 A Common Stock 11562 250285 D 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. Reflects an award initially granted on February 19, 2020 that was subject to a performance-based vesting condition which was determined to be satisfied on January 13, 2023. The number of units reported herein includes 811 distribution equivalent units, which vested effective as of December 31, 2022. The remaining 10,751 units are subject to an additional time-based vesting condition, pursuant to which 50% of the units will vest annually over two years, beginning on February 27, 2023. The vested profits interest units have no expiration date. This statement of changes in beneficial ownership of securities ("Form 4") of the Issuer is being filed to report transactions that are being reported concurrently on a Form 4 for the Operating Partnership. /s/ Christopher Visgilio, Attorney-in-Fact 2023-01-18