FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 01/01/2011 |
3. Issuer Name and Ticker or Trading Symbol
PROLOGIS [ PLD ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Shares of Beneficial Interest, par value $.01 | 8,226 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Restricted Share Units | (1) | (1) | Common Shares of Beneficial Interest | 4,000 | $0.00 | D | |
Restricted Share Units | (2) | (2) | Common Shares of Beneficial Interest | 2,475 | $0.00 | D | |
Dividend Equivalent Units | (3) | (3) | Common Shares of Beneficial Interest | 106 | $0.00 | D | |
Restricted Share Units | (4) | (4) | Common Shares of Beneficial Interest | 55 | $0.00 | D | |
Dividend Equivalent Units | (5) | (5) | Common Shares of Beneficial Interest | 7 | $0.00 | D | |
Restricted Share Units | (6) | (6) | Common Shares of Beneficial Interest | 1,650 | $0.00 | D | |
Dividend Equivalent Units | (7) | (7) | Common Shares of Beneficial Interest | 230 | $0.00 | D | |
Restricted Share Units | (8) | (8) | Common Shares of Beneficial Interest | 431 | $0.00 | D | |
Restricted Share Units | (9) | (9) | Common Shares of Beneficial Interest | 32 | $0.00 | D | |
Restricted Share Units | (10) | (10) | Common Shares of Beneficial Interest | 32 | $0.00 | D | |
Restricted Share Units | (11) | (11) | Common Shares of Beneficial Interest | 35 | $0.00 | D |
Explanation of Responses: |
1. Restricted Share Units (RSUs) granted January 28, 2010 that vest 34% on Jan. 28, 2011 and 33% on each of Jan. 28, 2012 and Jan. 28, 2013. The RSUs convert into ProLogis common shares upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date. |
2. RSUs granted February 27, 2009 that vest on December 31, 2011. The RSUs convert into ProLogis common shares upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date. |
3. Dividend Equivalent Units (DEUs) earned on RSUs granted February 27, 2009. They vest in accordance with the underlying grant and are payable in common stock on a 1-for-1 basis. DEUs have no exercise price or expiration date. |
4. RSUs granted December 18, 2007 that vest on December 18, 2011. The RSUs convert into ProLogis common shares upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date. |
5. DEUs earned on RSUs granted December 18, 2007. They vest in accordance with the RSUs referenced in footnote (4) and are payable in common stock on a 1-for-1 basis. DEUs have no exercise price or expiration date. |
6. RSUs granted December 18, 2007 that vest on December 31, 2011. The RSUs convert into ProLogis common shares upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date. |
7. DEUs earned on RSUs granted December 18, 2007. They vest in accordance with the RSUs referenced in footnote (6) and are payable in common stock on a 1-for-1 basis. DEUs have no exercise price or expiration date. |
8. RSUs granted July 9, 2010 that vest 50% on each of July 9, 2011 and July 9, 2012. The RSUs convert into ProLogis common shares upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date. |
9. RSUs granted July 9, 2010 that vest 50% on each of December 18, 2011 and December 18, 2012. The RSUs convert into ProLogis common shares upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date. |
10. RSUs granted July 9, 2010 that vest 50% on each of December 18, 2012 and December 18, 2013. The RSUs convert into ProLogis common shares upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date. |
11. RSUs granted July 9, 2010 that vest 50% on each of December 21, 2011 and December 21, 2012. The RSUs convert into ProLogis common shares upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date. |
Remarks: |
Kristi Oberson, attorney in fact for Lori Palazzolo | 01/10/2011 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |