0001209191-23-004113.txt : 20230119 0001209191-23-004113.hdr.sgml : 20230119 20230119195852 ACCESSION NUMBER: 0001209191-23-004113 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230117 FILED AS OF DATE: 20230119 DATE AS OF CHANGE: 20230119 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Letter Daniel CENTRAL INDEX KEY: 0001960640 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13545 FILM NUMBER: 23538657 MAIL ADDRESS: STREET 1: PIER 1, BAY 1 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Prologis, Inc. CENTRAL INDEX KEY: 0001045609 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 943281941 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: PIER 1 BAY 1 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4153949000 MAIL ADDRESS: STREET 1: PIER 1 BAY 1 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 FORMER COMPANY: FORMER CONFORMED NAME: AMB PROPERTY CORP DATE OF NAME CHANGE: 19970916 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2023-01-17 0 0001045609 Prologis, Inc. PLD 0001960640 Letter Daniel PIER 1, BAY 1 SAN FRANCISCO CA 94111 0 1 0 0 President LTIP Units 0.00 2023-01-17 2023-01-17 4 A 0 21825 0.01 A Common Stock 21825 161932 D LTIP Units 0.00 2023-01-17 2023-01-17 4 A 0 6218 0.01 A Common Stock 6218 168150 D LTIP Units 0.00 2023-01-17 2023-01-17 4 A 0 17175 0.01 A Common Stock 17175 185325 D Represents LTIP Units of Prologis, L.P. (the "LTIP Units") which vest 25% on each of 1/17/2024, 1/17/2025, 1/17/2026, and 1/17/2027, subject to continued employment. The LTIP Units were issued to the reporting person pursuant to the Prologis, Inc. 2020 Long-Term Incentive Plan (the "2020 LTIP"). Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in Prologis, L.P. (a "Common Unit"). Each Common Unit acquired upon conversion of a vested LTIP Unit may be presented for redemption, at the election of the holder after the completion of a three-year waiting period, for cash equal to the then fair market value of a share of Common Stock of the Company (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested LTIP Units into Common Units and redeem Common Units have no expiration dates. Represents LTIP Units which vest 80% on 1/17/2024 and 10% on each of 1/17/2025, and 1/17/2026, subject to continued employment. The LTIP Units were issued to the reporting person pursuant to the 2020 LTIP. Represents LTIP Units of Prologis, L.P. (the "LTIP Units") that were issued to the reporting person pursuant to the Prologis Outperformance Plan. /s/ Tammy Colvocoresses, Attorney-in-Fact for Daniel Letter 2023-01-19