0001415889-20-000438.txt : 20200221
0001415889-20-000438.hdr.sgml : 20200221
20200221200506
ACCESSION NUMBER: 0001415889-20-000438
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200219
FILED AS OF DATE: 20200221
DATE AS OF CHANGE: 20200221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sanchack Erich
CENTRAL INDEX KEY: 0001731163
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32336
FILM NUMBER: 20641808
MAIL ADDRESS:
STREET 1: FOUR EMBARCADERO CENTER
STREET 2: SUITE 3200
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
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
FORMER COMPANY:
FORMER CONFORMED NAME: Digital Realty Trust, Inc.
DATE OF NAME CHANGE: 20040722
4
1
form4-02212020_050252.xml
X0306
4
2020-02-19
0001297996
DIGITAL REALTY TRUST, INC.
DLR
0001731163
Sanchack Erich
FOUR EMBARCADERO CENTER, SUITE 3200
SAN FRANCISCO
CA
94111
false
true
false
false
EVP, OPERATIONS
Long-Term Incentive Units
2020-02-19
4
A
0
3738
0
A
Common Stock
3738
19629
D
Long-Term Incentive Units
2020-02-19
4
A
0
3549
0
A
Common Stock
3549
23178
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.
The units will vest in four equal annual installments beginning on February 27, 2021. The vested profits interest units have no expiration date.
50% of units will vest on the first anniversary of closing of the Issuer's transaction with InterXion Holding N.V., the remaining 50% of the units will vest on the second anniversary of closing. The vested profits interest units have no expiration date. The units will not vest and will be cancelled if the Issuer's transaction with InterXion Holding N.V. is not completed within 12 months from the date of grant.
This statement of changes in beneficial ownership of securities ("Form 4") of the Issuer is being filed to report transactions that are being reported concurrently on a Form 4 for Operating Partnership.
/s/ Salini Nandipati
2020-02-21