0001181431-11-061139.txt : 20111219
0001181431-11-061139.hdr.sgml : 20111219
20111219162816
ACCESSION NUMBER: 0001181431-11-061139
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111215
FILED AS OF DATE: 20111219
DATE AS OF CHANGE: 20111219
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Mills Joshua Ananda
CENTRAL INDEX KEY: 0001325876
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32336
FILM NUMBER: 111269510
MAIL ADDRESS:
STREET 1: 200 PAUL AVENUE, SUITE 501
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94124
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
rrd328382.xml
FORM 4 FOR JOSHUA MILLS (UNIT REDEMPTION AND STOCK SALE)
X0304
4
2011-12-15
0
0001297996
Digital Realty Trust, Inc.
DLR
0001325876
Mills Joshua Ananda
560 MISSION STREET
SUITE 2900
SAN FRANCISCO
CA
94105
0
1
0
0
Sr. VP and General Counsel
Common Stock
2011-12-15
4
M
0
456
0
A
456
D
Common Stock
2011-12-15
4
S
0
456
64.71
D
0
D
Common Stock
2011-12-15
4
M
0
1344
0
A
1344
D
Common Stock
2011-12-15
4
S
0
1344
64.71
D
0
D
Long-Term Incentive Units
2011-12-15
4
M
0
456
0
D
Common Stock
456
18402
D
Class C Profits Interest Units
2011-12-15
4
M
0
1344
0
D
Common Stock
1344
3363
D
Joshua Mills converted 456 long-term incentive 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 456 Common Units for 456 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.
Long-term incentive units are profits interest units in the Operating Partnership. Vested profits interest units may be converted into an equal number of Common Units in the Operating Partnership on a one-for-one basis at any time. Common Units are 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, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events.
Represents average sale price; exact sale prices range between $64.54 and $65.55.
Joshua Mills converted 1,344 Class C Profits Interest Units ("Class C Units") into Common Units of the Operating Partnership and subsequently redeemed the 1,344 Common Units for 1,344 shares of the common stock of 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 Digital Realty Trust, Inc. (the "Issuer") is being filed to report a transaction(s) that is also being reported concurrently on a Form 4 for Digital Realty Trust, L.P. (the "Operating Partnership"). The change(s) in beneficial ownership reported on this Form 4 for the Issuer are as a result of the same transaction(s) reported in the Form 4 for the Operating Partnership.
/s/ Barbara Polster, attorney-in-fact
2011-12-19