Key facts
- This page summarizes Michael S. Curless's Form 4 filing for Prologis, Inc. (PLD).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 19 Jan 2023, 18:57.
Michael S. Curless - 17 Jan 2023 Form 4 Insider Report for Prologis, Inc. (PLD)
- Reporting relationship
- Chief Customer Officer
- Issuer ticker
- PLD
- Reported as of
- 17 Jan 2023
- Net transaction value
- +$672
- SEC form
- 4
- Accepted by SEC
- 19 Jan 2023, 18:57:53 UTC
- Prior SEC filing
- 19 Dec 2022
- Next SEC filing
- 06 Nov 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Tammy Colvocoresses, attorney in fact for Michael S. Curless
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael S. Curless filed Form 4 for Prologis, Inc. (PLD) on 19 Jan 2023.
Change
- Previous filing in this sequence was filed on 19 Dec 2022.
- Current net transaction value: +$672.
Research use
- 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.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PLD
transaction
Derivative
LTIP Units
Award
- Transaction value
- $132
- Shares
- +13,177
- Change %
- +1.8%
- Price
- $0.0100*
- Shares after
- 739,033
- Date
- 17 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 13,177
- Exercise price
- $0.000000
- Footnotes
- F1, F2
PLD
transaction
Derivative
LTIP Units
Award
- Transaction value
- $75.05
- Shares
- +7,505
- Change %
- +1%
- Price
- $0.0100*
- Shares after
- 746,538
- Date
- 17 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 7,505
- Exercise price
- $0.000000
- Footnotes
- F2, F3
PLD
transaction
Derivative
LTIP Units
Award
- Transaction value
- $465
- Shares
- +46,542
- Change %
- +6.2%
- Price
- $0.0100*
- Shares after
- 793,080
- Date
- 17 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 46,542
- Exercise price
- $0.000000
- Footnotes
- F2, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Represents LTIP Units of Prologis, L.P. (the "LTIP Units") which vest 25% on each of 1/17/2024, 1/17/2025, 1/17/2026 and 1/17/2027 subject to continued employment. The LTIP Units were issued to the reporting person pursuant to the Prologis, Inc. 2020 Long-Term Incentive Plan (the "2020 LTIP").
Footnote F2
Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in Prologis, L.P. (a "Common Unit"). Each Common Unit acquired upon conversion of a vested LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of Common Stock of the Company (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested LTIP Units into Common Units and redeem Common Units have no expiration dates.
Footnote F3
Represents LTIP Units that were issued in exchange for the executive's cash bonus at the same value as the cash bonus. The LTIP Units vest 100% on issuance date. The LTIP Units were issued to the reporting person pursuant to the 2020 LTIP.
Footnote F4
Represents LTIP Units of Prologis, L.P. (the "LTIP Units") that were issued to the reporting person pursuant to the Prologis Outperformance Plan.