Andrew Power - Dec 31, 2021 Form 5 Insider Report for DIGITAL REALTY TRUST, L.P. (DLR)

Signature
/s/ Christopher Visgilio, Attorney-in-Fact
Stock symbol
DLR
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
2/14/2022, 06:54 PM
Previous filing
May 21, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLR Common Units Options Exercise +20 20 May 26, 2020 Direct F1, F2
transaction DLR Common Units Gift $0 -20 -100% $0.00* 0 May 26, 2020 Direct

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 DLR Long-Term Incentive Units Gift $0 -20 -0.01% $0.00 192K May 26, 2020 Common Units 20 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person converted long-term incentive units into Common Units of the Issuer and subsequently transferred the Common Units as a gift to a charitable foundation, all in accordance with the requirements of the Limited Partnership Agreement of the Issuer.
F2 Long-term incentive units are membership interests in the Issuer, of which Digital Realty Trust, Inc., a Maryland corporation (the "General Partner") is the general partner. Vested long-term incentive units that have satisfied the performance condition and achieved full parity with the Common Units receive the same quarterly distributions as Common Units, and may be converted into an equal number of Common Units on a one-for-one basis at any time. Common Units will be redeemable for cash based on the fair market value of an equivalent number of shares of the General Partner's common stock, or, at the election of the General Partner, for an equal number of shares of the General Partner's common stock.
F3 1-for-1
F4 N/A

Remarks:

This statement of changes in beneficial ownership ("Form 5") of securities of the Issuer is being filed to report a transaction(s) that is also being reported concurrently on a Form 5 for the General Partner. The change(s) in beneficial ownership reported on this Form 5 for the Issuer are as a result of the same transaction(s) reported in the Form 5 for the General Partner.