Hamid Moghadam - 31 Mar 2023 Form 4 Insider Report for Prologis, Inc. (PLD)

Role
Chairman & CEO, Director
Signature
/s/ Tammy Colvocoresses, attorney in fact for Hamid R. Moghadam
Issuer symbol
PLD
Transactions as of
31 Mar 2023
Net transactions value
$0
Form type
4
Filing time
31 Mar 2023, 18:08:57 UTC
Previous filing
26 Jan 2023
Next filing
05 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLD Common Stock Gift $0 -1,019,089 -100% $0.000000* 0 31 Mar 2023 By Trust F1
transaction PLD Common Stock Award $0 +1,019,089 $0.000000 1,019,089 31 Mar 2023 By LLC F2
holding PLD Common Stock 982,414 31 Mar 2023 By Rabbi Trust F3
holding PLD Common Stock 131,775 31 Mar 2023 By Trust F4

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 $1,745 -174,454 -11% $0.0100* 1,365,066 31 Mar 2023 Common Stock 174,454 $0.000000 Direct F5
transaction PLD LTIP Units Award $1,745 +174,454 +26% $0.0100* 835,850 31 Mar 2023 Common Stock 174,454 $0.000000 By LLC F5, F6
holding PLD LTIP Units 18,233 31 Mar 2023 Common Stock 18,233 $0.000000 By Trust F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held indirectly in a trust FBO the reporting person with the reporting person and his spouse as sole trustees.
F2 Represents common stock transferred to a Limited Liability Company (LLC) where the reporting person is the sole member.
F3 Held indirectly through a rabbi trust pursuant to our nonqualified deferred compensation plans.
F4 Held indirectly in a trust with the reporting person as trustee.
F5 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.
F6 Represents LTIP Units transferred to a Limited Liability Company (LLC) where the reporting person is the sole member.