Gregory S. Wright - 13 Jan 2023 Form 4 Insider Report for DIGITAL REALTY TRUST, L.P.

Role: CHIEF INVESTMENT OFFICER
Signature: /s/ Christopher Visgilio, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 13 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 18 Jan 2023, 17:06:49 UTC
Previous filing: 04 Jan 2023
Next filing: 07 Mar 2023
SEC: View on sec.gov

Quoteable Key Fact

"Gregory S. Wright filed Form 4 for DIGITAL REALTY TRUST, L.P. on 18 Jan 2023."

Quick Takeaways

This page summarizes Gregory S. Wright's Form 4 filing for DIGITAL REALTY TRUST, L.P..
1 reported transaction and 1 derivative row are listed below.
Filing timestamp: 18 Jan 2023, 17:06.

What Changed

Previous filing in this sequence was filed on 04 Jan 2023.
Current net transaction value: $0.

Why This Matters

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

DLR transaction Derivative

Long-Term Incentive Units

Award

Transaction value: $0
Shares: +6,886
Change %: +13%
Price: $0.000000
Shares after: 58,138
Date: 13 Jan 2023
Ownership: Direct
Underlying class: Common Units
Underlying amount: 6,886
Exercise price
Footnotes: F1, F2

* 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 P artner") 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 P artner's common stock, or, at the election of the General P artner, for an equal number of shares of the General P artner'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	Reflects an award initially granted on February 19, 2020 that was subject to a performance-based vesting condition which was determined to be satisfied on January 13, 2023. The number of units reported herein includes 483 distribution equivalent units, which vested effective as of December 31, 2022. The remaining 6,403 units are subject to an additional time-based vesting condition, pursuant to which 50% of the units will vest annually over two years, beginning on February 27, 2023. The vested profits interest units have no expiration date.

Content

Long-term incentive units are profits interest units in the Issuer, of which Digital Realty Trust, Inc. ("General P artner") 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 P artner's common stock, or, at the election of the General P artner, for an equal number of shares of the General P artner's common stock, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events.

Reflects an award initially granted on February 19, 2020 that was subject to a performance-based vesting condition which was determined to be satisfied on January 13, 2023. The number of units reported herein includes 483 distribution equivalent units, which vested effective as of December 31, 2022. The remaining 6,403 units are subject to an additional time-based vesting condition, pursuant to which 50% of the units will vest annually over two years, beginning on February 27, 2023. The vested profits interest units have no expiration date.

Remarks:

This statement of changes in beneficial ownership of securities ("Form 4") of the Issuer is being filed to report transactions that are being reported concurrently on a Form 4 for the General Partner.