Hamid Moghadam - Apr 19, 2024 Form 4 Insider Report for Prologis, Inc. (PLD)

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	LTIP Units	Gift	-$2.27K	-227K	-12.26%	$0.01^*	1.63M	Apr 19, 2024	Common Stock	227K	$0.00	Direct	F1
transaction	PLD	LTIP Units	Award	$2.27K	+227K	+27.18%	$0.01^*	1.06M	Apr 19, 2024	Common Stock	227K	$0.00	By LLC	F1, F2
holding	PLD	LTIP Units						18.2K	Apr 19, 2024	Common Stock	18.2K	$0.00	By Trust	F1, F3

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

Id	Content
F1	Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in Prologis, L.P. (a "Common Unit"). Each Common Unit acquired upon conversion of a vested LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of Common Stock of the Company (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested LTIP Units into Common Units and redeem Common Units have no expiration dates.
F2	Represents common stock transferred to a Limited Liability Company (LLC) where the reporting person is the sole member.
F3	Held indirectly in a trust FBO the reporting person with the reporting person and his spouse as sole trustees.