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

Role
EVP, General Counsel
Signature
/s/ Salini Nandipati, Attorney-in-Fact
Issuer symbol
DLR
Transactions as of
22 Apr 2022
Net transactions value
$0
Form type
3
Filing time
02 May 2022, 19:49:01 UTC
Next filing
24 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DLR Common Stock 11,241 22 Apr 2022 Direct F1

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 22 Apr 2022 Common Stock 6,893 Direct F2, F3, F4
holding DLR Long-Term Incentive Units 22 Apr 2022 Common Stock 2,261 Direct F2, F4, F5
holding DLR Long-Term Incentive Units 22 Apr 2022 Common Stock 1,795 Direct F2, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,080 restricted stock units subject to time-based vesting in accordance with the applicable award, each of which represents a contingent right to receive one share of the Issuer's common stock.
F2 Long-Term Incentive Units are profits interest units in Digital Realty Trust, L.P. ("Operating Partnership"), of which the Issuer is the general partner. Profits interest units may initially not have full parity with common limited partnership units of Operating Partnership ("Common Units") with respect to liquidating distributions; however upon the occurrence of specified events, profits interest units may achieve full parity with Common Units for all purposes. Vested profits interest units that have achieved full parity with Common Units may be converted into an equal number of Common Units on a 1-for-1 basis at any time. Common Units are redeemable for cash based on the FMV of an equivalent number of shares of common stock of the Issuer, or, at the election of the Issuer, for an equal number of shares of the Issuer's common stock, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events.
F3 These units will vest in two equal annual installments beginning on October 1, 2022.
F4 N/A
F5 The units will vest in four equal annual installments beginning on February 25, 2023.
F6 The units will vest in two 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, L.P ., a Maryland limited partnership (the "Operating Partnership") of which the Issuer is the general partner. The information reported on this Form 3 for the Issuer is the same information reported in the Form 3 for the Operating Partnership.