0001181431-11-022549.txt : 20110405 0001181431-11-022549.hdr.sgml : 20110405 20110405173806 ACCESSION NUMBER: 0001181431-11-022549 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110401 FILED AS OF DATE: 20110405 DATE AS OF CHANGE: 20110405 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Smith James M. CENTRAL INDEX KEY: 0001512898 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32336 FILM NUMBER: 11741228 MAIL ADDRESS: STREET 1: 560 MISSION STREET, SUITE 2900 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 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: 560 MISSION STREET STREET 2: SUITE 2900 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415)738-6500 MAIL ADDRESS: STREET 1: 560 MISSION STREET STREET 2: SUITE 2900 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 4 1 rrd307659.xml FORM 4 FOR J. SMITH (10B5-1 UNIT REDEMPTION & STOCK SALE) X0303 4 2011-04-01 0 0001297996 Digital Realty Trust, Inc. DLR 0001512898 Smith James M. 560 MISSION STREET, SUITE 2900 SAN FRANCISCO CA 94105 0 1 0 0 Chief Technology Officer Common Stock 2011-04-01 4 M 0 605 A 17445 D Common Stock 2011-04-01 4 S 0 605 58.30 D 16840 D Class C Profits Interest Units 2011-04-01 4 M 0 605 0 D Common Stock 605 2622 D In accordance with the terms of a Trading Plan (SEC Rule 10b5-1 - Securities Exchange Act of 1934), James Smith converted 605 Class C Profits Interest Units ("Class C Units") into common limited partnership units ("Common Units") of Digital Realty Trust, L.P., a Maryland Limited Partnership (the "Operating Partnership"), and subsequently redeemed the 605 Common Units for 605 shares of the common stock of Digital Realty Trust, Inc. (the "Issuer"), all in accordance with the requirements of the Limited Partnership Agreement of the Operating Partnership. Class C Units are membership interests in the Operating Partnership of which the Issuer is the general partner. Vested Class C Units that have satisfied the performance condition and achieved full parity with Common Units receive the same quarterly distributions as Common Units, and may be converted into an equal number of Common Units on a one-for-one basis at any time. Common Units will be redeemable for cash based on the fair market value of an equivalent number of shares of the Issuer's common stock, or, at the election of the Issuer, for an equal number of shares of the Issuer's common stock. The Class C Units have achieved full parity with Common Units. 1 for 1. N/A This statement of changes in beneficial ownership ("Form 4") of securities of the Issuer is being filed to report a transaction that is also being reported concurrently on a Form 4 for the Operating Partnership. The change in beneficial ownership of long-term incentive units reported on this Form 4 for the Issuer are as a result of the same transaction reported in the Form 4 for the Operating Partnership. /s/ Barbara Polster, attorney-in-fact 2011-04-05