Olivier Piani - May 1, 2022 Form 4 Insider Report for Prologis, Inc. (PLD)

Role: Director
Signature: /s/ Tammy Colvocoresses attorney-in-fact for Olivier Piani
Stock symbol: PLD
Transactions as of: May 1, 2022
Transactions value $: -$125,988
Form type: 4
Date filed: 5/2/2022, 07:26 PM
Previous filing: Apr 1, 2022
Next filing: May 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLD	Common Stock	Options Exercise	$0	+2.62K	+57.52%	$0.00	7.18K	May 1, 2022	Direct
transaction	PLD	Common Stock	Tax liability	-$126K	-786	-10.95%	$160.29	6.39K	May 1, 2022	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	-2.62K	-40.42%	$0.00	3.86K	May 1, 2022	Common Stock	2.62K	$0.00	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Shares withheld for payment of the tax liability associated with the receipt of common stock acquired upon the vesting of the Deferred Stock Units (DSUs) referenced in Table II.
F2	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 (May 1, 2019) or (b) the first annual meeting of the stockholders of Prologis. Shares were released on May 2, 2022. 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

Shares withheld for payment of the tax liability associated with the receipt of common stock acquired upon the vesting of the Deferred Stock Units (DSUs) referenced in Table II.

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 (May 1, 2019) or (b) the first annual meeting of the stockholders of Prologis. Shares were released on May 2, 2022. DSUs and DEUs convert into Prologis common stock upon vesting on a 1-for-1 basis and have no exercise price or expiration date.