0001415889-21-000159.txt : 20210105
0001415889-21-000159.hdr.sgml : 20210105
20210105190214
ACCESSION NUMBER: 0001415889-21-000159
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210101
FILED AS OF DATE: 20210105
DATE AS OF CHANGE: 20210105
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Mills Joshua A.
CENTRAL INDEX KEY: 0001325876
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32336
FILM NUMBER: 21508081
MAIL ADDRESS:
STREET 1: FOUR EMBARCADERO CENTER, SUITE 3200
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
FORMER NAME:
FORMER CONFORMED NAME: Mills Joshua Ananda
DATE OF NAME CHANGE: 20050503
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
form4-01052021_040105.xml
X0306
4
2021-01-01
0001297996
DIGITAL REALTY TRUST, INC.
DLR
0001325876
Mills Joshua A.
FOUR EMBARCADERO CENTER, SUITE 3200
SAN FRANCISCO
CA
94111
false
true
false
false
EVP, GENERAL COUNSEL
Long-Term Incentive Units
2021-01-01
4
A
0
2365
0
A
Common Stock
2365
56184
D
Long-Term Incentive Units
2021-01-03
4
A
0
9597
0
A
Common Stock
9597
65781
D
Long-Term Incentive Units
2021-01-03
4
A
0
1339
0
A
Common Stock
1339
67120
D
Long-Term Incentive Units
2021-01-04
5
G
0
54
0
D
Common Stock
54
67066
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, 2022. The vested profits interest units have no expiration date.
Reflects an award initially granted on January 1, 2018 that was subject to a performance-based vesting condition which was determined to be satisfied on January 3, 2021. The number of units reported herein includes 835 distribution equivalent units, which vested effective as of December 31, 2020. The remaining 8762 units are subject to an additional time-based vesting condition, pursuant to which 50% of the units will vest annually over two years, beginning on February 27, 2021. The vested profits interest units have no expiration date.
Reflects an award initially granted on March 9, 2018 that was subject to a performance-based vesting condition which was determined to be satisfied on January 3, 2021. The number of units reported herein includes 117 distribution equivalent units, which vested effective as of December 31, 2020. The remaining 1222 units are subject to an additional time-based vesting condition, pursuant to which 50% of the units will vest annually over two years, beginning on February 27, 2021. The vested profits interest units have no expiration date.
In accordance with the requirements of the Limited Partnership Agreement of the Operating Partnership, the Long-Term Incentive Units were converted into Common Units in connection with the Reporting Person's charitable gift.
N/A
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 the Operating Partnership.
/s/ Salini Nandipati, Attorney-in-Fact
2021-01-05