Avid Modjtabai - Sep 30, 2022 Form 4 Insider Report for Prologis, Inc. (PLD)

Role: Director
Signature: /s/ Tammy Colvocoresses attorney in fact for Avid Modjtabai
Stock symbol: PLD
Transactions as of: Sep 30, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/4/2022, 06:13 PM
Previous filing: Jul 1, 2022
Next filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	PLD	Common Stock	Other	$0	+21	+0.14%	$0.00	15 K	Oct 3, 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	Dividend Equivalent Units - NQDC	Award	$0	+41.8	+0.78%	$0.00	5.42 K	Sep 30, 2022	Common Stock	41.8	$0.00	Direct	F2

Explanation of Responses:

Id	Content
F1	The reporting person acquired these securities on October 3, 2022, as consideration for the reporting person's common stock of Duke Realty Corporation, which Prologis, Inc. acquired by merger on October 3, 2022, pursuant to an Agreement and Plan of Merger dated June 11, 2022.
F2	Represents Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (DSUs) associated with current service on our board that are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (NQDC Plan). DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs and the underlying DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of the stockholders of Prologis after the grant date (generally in May each year). The receipt of such DEUs is deferred along with the underlying DSUs. DSU and DEUs are paid in the form of Prologis common stock at the rate of one common share per DSU or DEU. Balance in column 9 includes DSUs and DEUs.

Content

The reporting person acquired these securities on October 3, 2022, as consideration for the reporting person's common stock of Duke Realty Corporation, which Prologis, Inc. acquired by merger on October 3, 2022, pursuant to an Agreement and Plan of Merger dated June 11, 2022.

Represents Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (DSUs) associated with current service on our board that are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (NQDC Plan). DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs and the underlying DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of the stockholders of Prologis after the grant date (generally in May each year). The receipt of such DEUs is deferred along with the underlying DSUs. DSU and DEUs are paid in the form of Prologis common stock at the rate of one common share per DSU or DEU. Balance in column 9 includes DSUs and DEUs.