Hamid Moghadam - Jun 5, 2024 Form 4 Insider Report for Prologis, Inc. (PLD)

Signature
/s/ Tammy Colvocoresses, Attorney-in-Fact for Hamid R. Moghadam
Stock symbol
PLD
Transactions as of
Jun 5, 2024
Transactions value $
$1,998,929
Form type
4
Date filed
6/7/2024, 04:30 PM
Previous filing
Apr 29, 2024
Next filing
Sep 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLD Common Stock Other -$6.12M -57K -5.8% $107.40 925K Jun 5, 2024 By Rabbi Trust F1, F2
holding PLD Common Stock 132K Jun 5, 2024 By Trust F3
holding PLD Common Stock 1.02M Jun 5, 2024 By LLC 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 LTIP Units Award $8.12M +75.6K +7.7% $107.40 1.06M Jun 5, 2024 Common Stock 75.6K $0.00 Direct F1, F5
holding PLD LTIP Units 1.71M Jun 5, 2024 Common Stock 1.71M $0.00 By LLC F4, F5
holding PLD LTIP Units 18.2K Jun 5, 2024 Common Stock 18.2K $0.00 By Trust F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an in-service distribution of previously deferred shares and/or cash held under a nonqualified deferred compensation (NQDC) plan. The reporting person elected to receive the distribution in the form of LTIP Units.
F2 Held indirectly through a rabbi trust pursuant to our nonqualified deferred compensation plans.
F3 Held indirectly in a trust with the reporting person as trustee.
F4 Held indirectly in a Limited Liability Company (LLC) where the reportng person is the sole member.
F5 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.
F6 Held indirectly in a trust FBO the reporting person with the reporting person and his spouse as sole trustees.