James B. Connor - Oct 3, 2022 Form 4 Insider Report for Prologis, Inc. (PLD)

Role: Director
Signature: /s/ Tammy Colvocoresses, Attorney-in-Fact for James B. Connor
Stock symbol: PLD
Transactions as of: Oct 3, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/5/2022, 09:39 PM
Previous filing: May 31, 2022
Next filing: Dec 29, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLD	Common Stock	Award		+70.8K			70.8K	Oct 3, 2022	Direct	F1
transaction	PLD	Common Stock	Award		+4.11K			4.11K	Oct 3, 2022	By the Linda P. Connor Declaration of Trust, dated 6/30/05	F2
transaction	PLD	Common Stock	Award		+7.14K			7.14K	Oct 3, 2022	By 401(k) Plan	F3

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	Units	Award		+404K			404K	Oct 3, 2022	Common Stock	404K	$0.00	Direct	F4
transaction	PLD	Units	Award		+124K	+30.78%		529K	Oct 3, 2022	Common Stock	124K	$0.00	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Represents the conversion of 148,960 shares of Duke Realty Corporation common stock into the Issuer's common stock, pursuant to an Agreement and Plan of Merger dated June 11, 2022 (the "Merger Agreement").
F2	Represents the conversion of 8,653 shares of Duke Realty Corporation common stock into the Issuer's common stock, pursuant to the Merger Agreement.
F3	Represents the conversion of 15,032 shares of Duke Realty Corporation common stock into the Issuer's common stock, pursuant to the Merger Agreement.
F4	Represents the conversion of 850,793 common units of limited partnership interest in Duke Realty Limited Partnership into common units of limited partnership interest in Prologis, L.P. ("Common Units") pursuant to the Merger Agreement. Each Common 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 Issuer, except that the Issuer may, at its election, acquire each Common Unit so presented for one share of common stock. The right to redeem Common Units has no expiration date.
F5	Represents the conversion of 261,907 LTIP Units of Duke Realty Limited Partnership into Common Units of Prologis, L.P. pursuant to the Merger Agreement. Each Common 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 Issuer, except that the Issuer may, at its election, acquire each Common Unit so presented for one share of common stock. The right to redeem Common Units has no expiration date.