Joseph Ghazal - 16 Jan 2024 Form 4 Insider Report for Prologis, Inc. (PLD)

Role: Chief Investment Officer
Signature: /s/ Tammy Colvocoresses Attorney-In-Fact for Joseph Ghazal
Issuer symbol: PLD
Transactions as of: 16 Jan 2024
Net transactions value: -$92,149
Form type: 4
Filing time: 18 Jan 2024, 17:30:10 UTC
Previous filing: 04 Jan 2024
Next filing: 22 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLD	Common Stock	Options Exercise	$0	+2,064	+22%	$0.000000	11,488	17 Jan 2024	Direct	F1
transaction	PLD	Common Stock	Options Exercise	$0	+2,229	+19%	$0.000000	13,717	17 Jan 2024	Direct	F2
transaction	PLD	Common Stock	Options Exercise	$0	+1,848	+22%	$0.000000	10,133	16 Jan 2024	Direct	F3
transaction	PLD	Common Stock	Tax liability	$92,149	-709	-7%	$129.97	9,424	16 Jan 2024	Direct	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PLD	Restricted Stock Units	Award	$0	+9,617	+14%	$0.000000	79,867	16 Jan 2024	Common Stock	9,617	$0.000000	Direct	F5
transaction	PLD	Restricted Stock Units	Award	$0	+9,237	+12%	$0.000000	89,104	16 Jan 2024	Common Stock	9,237	$0.000000	Direct	F6
transaction	PLD	Restricted Stock Units	Options Exercise	$0	-2,064	-2.3%	$0.000000	87,040	17 Jan 2024	Common Stock	2,064	$0.000000	Direct	F1
transaction	PLD	Restricted Stock Units	Options Exercise	$0	-2,229	-2.6%	$0.000000	84,811	17 Jan 2024	Common Stock	2,229	$0.000000	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Conversion of 20% of RSU grant following vest on 1/17/24. The RSUs convert into Prologis Common Stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.
F2	Conversion of 25% of RSU grant following vest on 1/17/24. The RSUs convert into Prologis Common Stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.
F3	Conversion of 20% of RSU grant following vest on 1/16/2024. The RSUs convert into Prologis Common Stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.
F4	Shares withheld for payment of the tax liability associated with the receipt of common stock acquired upon the vesting of the RSUs referenced in table II.
F5	Restricted Stock Units (RSUs) will vest in equal amounts on each January 16, 2025, 2026, 2027 and 2028. The RSUs convert into Prologis Common Stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.
F6	RSUs issued to the reporting person pursuant to the Prologis Outperformance Plan. The RSUs vest 20% on grant date and 80% on January 1, 2031. The RSUS have no exercise price or expiration date.