0001415889-22-000648.txt : 20220119
0001415889-22-000648.hdr.sgml : 20220119
20220119193750
ACCESSION NUMBER: 0001415889-22-000648
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220115
FILED AS OF DATE: 20220119
DATE AS OF CHANGE: 20220119
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Power Andrew
CENTRAL INDEX KEY: 0001641275
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54023
FILM NUMBER: 22540204
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, 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: 5707 SOUTHWEST PARKWAY, BUILDING 1
STREET 2: SUITE 275
CITY: AUSTIN
STATE: TX
ZIP: 78735
BUSINESS PHONE: 737-281-0101
MAIL ADDRESS:
STREET 1: 5707 SOUTHWEST PARKWAY, BUILDING 1
STREET 2: SUITE 275
CITY: AUSTIN
STATE: TX
ZIP: 78735
FORMER COMPANY:
FORMER CONFORMED NAME: Digital Realty Trust, L.P.
DATE OF NAME CHANGE: 20100622
4
1
form4-01192022_040141.xml
X0306
4
2022-01-15
0001494877
DIGITAL REALTY TRUST, L.P.
DLR
0001641275
Power Andrew
5707 SOUTHWEST PARKWAY
BUILDING 1, SUITE 275
AUSTIN
TX
78735
false
true
false
false
PRESIDENT AND CFO
Long-Term Incentive Units
2022-01-15
4
A
0
31276
0
A
Common Units
31276
186913
D
Long-Term Incentive Units
2022-01-15
4
A
0
4867
0
A
Common Units
4867
191780
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.
Reflects an award initially granted on January 1, 2019 that was subject to a performance-based vesting condition which was determined to be satisfied on January 15, 2022. The number of units reported herein includes 2486 distribution equivalent units, which vested effective as of December 31, 2021. The remaining 28790 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, 2022. The vested profits interest units have no expiration date.
Reflects an award initially granted on February 21, 2019 that was subject to a performance-based vesting condition which was determined to be satisfied on January 15, 2022. The number of units reported herein includes 387 distribution equivalent units, which vested effective as of December 31, 2021. The remaining 4480 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, 2022. 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
2022-01-19