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

Role
Chief Investment Officer
Signature
/s/ Tammy Colvocoresses Attorney-In-Fact for Joseph Ghazal
Stock symbol
PLD
Transactions as of
Jan 16, 2024
Transactions value $
-$92,149
Form type
4
Date filed
1/18/2024, 05:30 PM
Previous filing
Jan 4, 2024
Next filing
Jan 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLD Common Stock Options Exercise $0 +2.06K +21.9% $0.00 11.5K Jan 17, 2024 Direct F1
transaction PLD Common Stock Options Exercise $0 +2.23K +19.4% $0.00 13.7K Jan 17, 2024 Direct F2
transaction PLD Common Stock Options Exercise $0 +1.85K +22.31% $0.00 10.1K Jan 16, 2024 Direct F3
transaction PLD Common Stock Tax liability -$92.1K -709 -7% $129.97 9.42K Jan 16, 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 +9.62K +13.69% $0.00 79.9K Jan 16, 2024 Common Stock 9.62K $0.00 Direct F5
transaction PLD Restricted Stock Units Award $0 +9.24K +11.57% $0.00 89.1K Jan 16, 2024 Common Stock 9.24K $0.00 Direct F6
transaction PLD Restricted Stock Units Options Exercise $0 -2.06K -2.32% $0.00 87K Jan 17, 2024 Common Stock 2.06K $0.00 Direct F1
transaction PLD Restricted Stock Units Options Exercise $0 -2.23K -2.56% $0.00 84.8K Jan 17, 2024 Common Stock 2.23K $0.00 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.