0001297996-17-000036.txt : 20170302 0001297996-17-000036.hdr.sgml : 20170302 20170302205858 ACCESSION NUMBER: 0001297996-17-000036 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170228 FILED AS OF DATE: 20170302 DATE AS OF CHANGE: 20170302 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: FOUR EMBARCADERO CENTER STREET 2: SUITE 3200 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: (415)738-6500 MAIL ADDRESS: STREET 1: FOUR EMBARCADERO CENTER STREET 2: SUITE 3200 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Papes Daniel W CENTRAL INDEX KEY: 0001689014 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32336 FILM NUMBER: 17661291 MAIL ADDRESS: STREET 1: FOUR EMBARCADERO CENTERE STREET 2: SUITE 3200 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 4 1 wf-form4_148850632349581.xml FORM 4 X0306 4 2017-02-28 0 0001297996 Digital Realty Trust, Inc. DLR 0001689014 Papes Daniel W FOUR EMBARCADERO CENTER SUITE 3200 SAN FRANCISCO CA 94111 0 1 0 0 SVP, Global Sales, Marketing Long-Term Incentive Units 2017-02-28 4 A 0 1157 0 A Common Stock 1157.0 2474 D Long-Term Incentive Units are profits interest units in Digital Realty Trust, L.P. ("Operating Partnership"), of which the Issuer is the general partner. Profits interest units may initially not have full parity with common limited partnership units of Operating Partnership ("Common Units") with respect to liquidating distributions; however upon the occurrence of specified events, profits interest units may achieve full parity with Common Units for all purposes. Vested profits interest units that have achieved full parity with Common Units may be converted into an equal number of Common Units on a 1-for-1 basis at any time. Common Units are redeemable for cash based on the FMV of an equivalent number of shares of common stock of the Issuer, 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. Twenty-five percent (25%) of these units will vest on February 27, 2018, an additional twenty-five percent (25%) will vest on February 27, 2019, an additional twenty-five percent (25%) will vest on February 27, 2020, and the remaining twenty-five percent (25%) will vest on February 27, 2021. The vested profits interest units have no expiration date. This statement of changes in beneficial ownership of securities ("Form 4") of the Issuer is filed to report information that is also being reported concurrently on a Form 4 for the Operating Partnership. The information reported on this Form 4 for the Issuer is the same information reported in the Form 4 for the Operating Partnership. /s/ Salini Nandipati, as attorney in fact 2017-03-02