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

Role
PRESIDENT AND CFO
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, 06:57 PM
Previous filing
May 21, 2021
Next filing
Jan 4, 2022

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 Stock 20 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Long-term incentive units are profits interest units in the Issuer, of which Digital Realty Trust, Inc. ("General Partner") is the general partner. Vested profits interest units may be converted into an equal number of common limited partnership ("Common Units") in the Issuer subject to the terms of the Issuer's limited partnership agreement. Common Units are redeemable for cash based on the fair market value of an equivalent numbers 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, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events.
F2 The reporting person converted Long-Term Incentive Units into Common Units of the Operating Partnership 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 Operating Partnership.
F3 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 Operating Partnership. 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 Operating Partnership.