Avid Modjtabai - Apr 29, 2024 Form 4 Insider Report for Prologis, Inc. (PLD)

Role: Director
Signature: /s/ Tammy Colvocoresses, Attorney-in-Fact for Avid Modjtabai
Stock symbol: PLD
Transactions as of: Apr 29, 2024
Transactions value $: $0
Form type: 4
Date filed: 5/1/2024, 05:00 PM
Previous filing: Apr 2, 2024
Next filing: May 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLD	Common Stock	Options Exercise	$0	+1.76K	+10.2%	$0.00	19K	Apr 29, 2024	Direct	F1

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	Deferred Stock Units and Dividend Equivalent Units-NQDC	Options Exercise	$0	-1.76K	-34.03%	$0.00	3.42K	Apr 29, 2024	Common Stock	1.76K	$0.00	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Conversion of Deferred Stock Units (DSUs) and Dividend Equivalent Units (DEUs) that were deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). Original grant terms provided for release of shares on the earlier of (a) the third anniversary of the Grant Date (April 29, 2021) or (b) the first annual meeting of the stockholders of Prologis. Shares were released on April 29, 2024. DSUs and DEUs convert into Prologis common stock upon vesting on a 1-for-1 basis and have no exercise price or expiration date.

Content

Conversion of Deferred Stock Units (DSUs) and Dividend Equivalent Units (DEUs) that were deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). Original grant terms provided for release of shares on the earlier of (a) the third anniversary of the Grant Date (April 29, 2021) or (b) the first annual meeting of the stockholders of Prologis. Shares were released on April 29, 2024. DSUs and DEUs convert into Prologis common stock upon vesting on a 1-for-1 basis and have no exercise price or expiration date.