0001415889-21-000167.txt : 20210105 0001415889-21-000167.hdr.sgml : 20210105 20210105195130 ACCESSION NUMBER: 0001415889-21-000167 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: Stein A William CENTRAL INDEX KEY: 0001307117 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-54023 FILM NUMBER: 21508371 MAIL ADDRESS: STREET 1: DIGITAL REALTY TRUST, INC. STREET 2: FOUR EMBARCADERO CENTER, SUITE 3200 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DIGITAL REALTY TRUST, L.P. CENTRAL INDEX KEY: 0001494877 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 202402955 STATE OF INCORPORATION: MD 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, L.P. DATE OF NAME CHANGE: 20100622 4 1 form4-01052021_040120.xml X0306 4 2021-01-01 0001494877 DIGITAL REALTY TRUST, L.P. DLR 0001307117 Stein A William FOUR EMBARCADERO CENTER, SUITE 3200 SAN FRANCISCO CA 94111 true true false false CHIEF EXECUTIVE OFFICER Long-Term Incentive Units 2021-01-01 4 A 0 14335 0 A Common Units 14335 508203 D Long-Term Incentive Units 2021-01-03 4 A 0 95696 0 A Common Units 95696 603899 D Long-Term Incentive Units 2021-01-03 4 A 0 9420 0 A Common Units 9420 613319 D Long-Term Incentive Units are profits interest units in the Issuer, of which the Digital Realty Trust, Inc. is the general partner (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 8330 distribution equivalent units, which vested effective as of December 31, 2020. The remaining 87366 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 820 distribution equivalent units, which vested effective as of December 31, 2020. The remaining 8600 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. 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 General Partner. /s/ Christopher Visgilio, Attorney-in-Fact 2021-01-05