X0303 4 2010-05-20 0 0000899881 PROLOGIS PLD 0001325462 Finnin Jeffrey S 4545 AIRPORT WAY DENVER CO 80239 0 1 0 0 Mng. Dir. Chief Accntng Offcr Common Shares of Beneficial Interest, par value $0.01 2010-05-20 2010-05-20 4 M 0 7500 0.00 A 20604 D Common Shares of Beneficial Interest, par value $.01 2010-05-20 2010-05-20 4 M 0 188 0.00 A 20793 D Common Shares of Beneficial Interest, par value $0.01 2010-05-20 2010-05-20 4 F 0 2390 11.18 D 18403 D Restricted Share Units 0.00 2010-05-20 2010-05-20 4 M 0 7500 0.00 D Common Shares of Beneficial Interest 7500 56554 D Dividend Equivalent Units on RSUs 0.00 2010-05-20 2010-05-20 4 M 0 188 0.00 D Common Shares of Beneficial Interest 188 56366 D RSUs. Conversion of 25% of restricted share unit award ("RSU") granted May 20, 2009 following vest. The RSUs convert into common shares on a 1-for-1 basis. Finnin - Balance in column 5 includes holdings in the ProLogis Employee Share Purchase Plan and 401k. DEUS. Automatic settlement of Dividend Equivalent Units ("DEUs"). DEUs are settled in connection with vesting of RSUs. They are settled in ProLogis common shares on a 1-for-1 basis. DEUs have no exercise price or expiration date. Fractional DEUs are settled in cash. Shares withheld for payment of tax liability relating to reported RSU conversion and DEU settlement. /s/ Kristi Oberson attorney-in-fact for Jeffrey Finnin 2010-05-24