Hamid Moghadam - Jan 24, 2023 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: Jan 24, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/26/2023, 08:06 PM
Previous filing: Jan 19, 2023
Next filing: Mar 31, 2023

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	-$1.3K	-130K	-7.81%	$0.01^*	1.54M	Jan 24, 2023	Common Stock	130K	$0.00	Direct	F1
transaction	PLD	LTIP Units	Award	$1.3K	+130K		$0.01^*	130K	Jan 24, 2023	Common Stock	130K	$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.