Hamid Moghadam - 05 Jun 2024 Form 4 Insider Report for Prologis, Inc. (PLD)

Signature
/s/ Tammy Colvocoresses, Attorney-in-Fact for Hamid R. Moghadam
Issuer symbol
PLD
Transactions as of
05 Jun 2024
Net transactions value
+$1,998,929
Form type
4
Filing time
07 Jun 2024, 16:30:07 UTC
Previous filing
29 Apr 2024
Next filing
17 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLD Common Stock Other $6,122,552 -57,007 -5.8% $107.40 925,407 05 Jun 2024 By Rabbi Trust F1, F2
holding PLD Common Stock 131,775 05 Jun 2024 By Trust F3
holding PLD Common Stock 1,019,089 05 Jun 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 $8,121,481 +75,619 +7.7% $107.40 1,057,422 05 Jun 2024 Common Stock 75,619 $0.000000 Direct F1, F5
holding PLD LTIP Units 1,706,985 05 Jun 2024 Common Stock 1,706,985 $0.000000 By LLC F4, F5
holding PLD LTIP Units 18,233 05 Jun 2024 Common Stock 18,233 $0.000000 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.