Hamid Moghadam - Dec 29, 2021 Form 4 Insider Report for Prologis, Inc. (PLD)

Role
Chairman & CEO, Director
Signature
/s/ Tammy Colvocoresses, attorney in fact for Hamid R. Moghadam
Stock symbol
PLD
Transactions as of
Dec 29, 2021
Transactions value $
$219
Form type
4
Date filed
1/3/2022, 04:23 PM
Previous filing
Oct 26, 2021
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PLD Common Stock 0 Dec 29, 2021 Rabbi Trust 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 LTIP Units Award $187 +18.7K +1.33% $0.01* 1.43M Dec 29, 2021 Common Stock 18.7K $0.00 Direct F2, F3
transaction PLD LTIP Units Award $31.50 +3.15K +0.22% $0.01* 1.43M Dec 29, 2021 Common Stock 3.15K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The previous form 4 filed on 10/26/2021 included 803,945 shares as indirect holdings which was an administrative error. There are zero shares held indirectly pursuant to the AMB Property Corporation 2011 Notional Account Deferred Compensation Plan.
F2 Represents LTIP Units of Prologis, L.P. (the "LTIP Units") which vest 25% on each of 12/29/2022, 12/29/2023, 12/29/2024 and 12/29/2025, subject to continued employment. The LTIP Units were issued to the reporting person pursuant to the Prologis, Inc. 2020 Long-Term Incentive Plan (the "2020 LTIP").
F3 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.