Jeannie Lee - Apr 22, 2022 Form 3 Insider Report for DIGITAL REALTY TRUST, L.P. (DLR)

Role
EVP, General Counsel
Signature
/s/ Salini Nandipati, Attorney-in-Fact
Stock symbol
DLR
Transactions as of
Apr 22, 2022
Transactions value $
$0
Form type
3
Date filed
5/2/2022, 07:46 PM
Next filing
May 24, 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
holding DLR Long-Term Incentive Units Apr 22, 2022 Common Units 6.89K Direct F1, F2, F3
holding DLR Long-Term Incentive Units Apr 22, 2022 Common Units 2.26K Direct F1, F3, F4
holding DLR Long-Term Incentive Units Apr 22, 2022 Common Units 1.8K Direct F1, F3, F5
* 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 These units will vest in two equal annual installments beginning on October 1, 2022.
F3 N/A
F4 The units will vest in four equal annual installments beginning on February 25, 2023.
F5 The units will vest in two equal annual installments beginning on March 4, 2023.

Remarks:

This initial statement of beneficial ownership of securities ("Form 3") of the Issuer is filed to report information that is also being reported concurrently on a Form 3 for Digital Realty Trust, Inc.., a Maryland corporation and the general partner of the Issuer (the "General Partner"). The information reported on this Form 3 for the Issuer is the same information reported in the Form 3 for the General Partner.