Form 4 for PLD Prologis
Accepted 2024-06-07 00:00:00 ET · period of report 2024-06-05 · accession 0000950170-24-070720 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-06-07 | 2024-06-05 | PLD | Moghadam Hamid | COB, CEO, Dir | J - Other | $107.40 | -57.0K | 925.4K | -6% | -$6.12M |
| D | 2024-06-07 | 2024-06-05 | PLD | Moghadam Hamid | COB, CEO, Dir | A - Grant | $107.40 | +75.6K | 1.06M | +8% | +$8.12M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-05 | J | D | 57,007 | $107.40 | 925,407 | I By Rabbi Trust | — | — | (F1) Represents an in-service distribution of previously deferred shares and/or cash held under a nonqualified deferred compensation (NQDC) plan. The reporting person elected to receive the distribution in the form of LTIP Units. (F2) Held indirectly through a rabbi trust pursuant to our nonqualified deferred compensation plans. |
| 2 | Derivative | LTIP Units | 2024-06-05 | A | A | 75,619 | $107.40 | 1,057,422 | D | $0.00 · — to — | 75,619 Common Stock | (F1) Represents an in-service distribution of previously deferred shares and/or cash held under a nonqualified deferred compensation (NQDC) plan. The reporting person elected to receive the distribution in the form of LTIP Units. (F5) 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. |