Joseph Ghazal - 02 Feb 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: 02 Feb 2024
Net transactions value: -$121,432
Form type: 4
Filing time: 05 Feb 2024, 20:30:08 UTC
Previous filing: 22 Jan 2024
Next filing: 06 Mar 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	+957	+6.6%	$0.000000	15,480	02 Feb 2024	Direct	F1, F2
transaction	PLD	Common Stock	Tax liability	$63,916	-490	-3.2%	$130.44	14,990	02 Feb 2024	Direct	F3
transaction	PLD	Common Stock	Options Exercise	$0	+869	+5.8%	$0.000000	15,859	04 Feb 2024	Direct	F2, F4
transaction	PLD	Common Stock	Tax liability	$57,516	-445	-2.8%	$129.25	15,414	04 Feb 2024	Direct	F3

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	Options Exercise	$0	+957	+1.2%	$0.000000	83,048	02 Feb 2024	Common Stock	957	$0.000000	Direct	F2, F5
transaction	PLD	Restricted Stock Units	Options Exercise	$0	+869	+1.1%	$0.000000	82,179	04 Feb 2024	Common Stock	869	$0.000000	Direct	F2, F6

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

Explanation of Responses:

Id	Content
F1	Conversion of 25% of Restricted stock unit (RSU) grant following vest on 2/2/24. The RSUs convert into Prologis Common Stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.
F2	Restricted stock units (RSUs) convert into common stock on a 1-for-1 basis. RSUs have no exercise price or expiration date.
F3	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.
F4	Conversion of 25% of RSU grant following vest on 2/4/24. The RSUs convert into Prologis Common Stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiratoin date.
F5	On February 2, 2021, the reporting person was granted 3,827 RSUs, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F6	On February 4, 2020, the reporting person was granted 3,478 RSUs, vesting in four equal annual installments beginning on the first anniversary of the grant date.