Hamid Moghadam - Mar 2, 2022 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: Mar 2, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/3/2022, 04:50 PM
Previous filing: Feb 28, 2022
Next filing: Dec 19, 2022

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	-$3.27K	-327K	-19.69%	$0.01^*	1.33M	Mar 2, 2022	Common Stock	327K	$0.00	Direct	F1
transaction	PLD	LTIP Units	Award	$3.27K	+327K		$0.01^*	327K	Mar 2, 2022	Common Stock	327K	$0.00	By LLC	F1, F2

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

Explanation of Responses:

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 LTIP Units transferred to a Limited Liability Company (LLC) where the reporting person is the sole member.

Content

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.

Represents LTIP Units transferred to a Limited Liability Company (LLC) where the reporting person is the sole member.