Joseph Ghazal - Feb 2, 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
Feb 2, 2024
Transactions value $
-$121,432
Form type
4
Date filed
2/5/2024, 08:30 PM
Previous filing
Jan 22, 2024
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLD Common Stock Options Exercise $0 +957 +6.59% $0.00 15.5K Feb 2, 2024 Direct F1, F2
transaction PLD Common Stock Tax liability -$63.9K -490 -3.17% $130.44 15K Feb 2, 2024 Direct F3
transaction PLD Common Stock Options Exercise $0 +869 +5.8% $0.00 15.9K Feb 4, 2024 Direct F2, F4
transaction PLD Common Stock Tax liability -$57.5K -445 -2.81% $129.25 15.4K Feb 4, 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 +1.17% $0.00 83K Feb 2, 2024 Common Stock 957 $0.00 Direct F2, F5
transaction PLD Restricted Stock Units Options Exercise $0 +869 +1.07% $0.00 82.2K Feb 4, 2024 Common Stock 869 $0.00 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.