DIGITAL REALTY TRUST, INC. — Director's Dealing 2011

Mar 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Digital Realty Trust, Inc. (DLR)
CIK: 0001297996
Period of Report: 2011-03-15

Reporting Person: Smith James M. (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-15	Common Stock	S	2987	$56.22	Disposed	16840	Direct
2011-03-15	Common Stock	M	750	$41.73	Acquired	17590	Direct
2011-03-15	Common Stock	S	750	$56.21	Disposed	16840	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-15	Employee Stock Option (right to buy)	$41.73	M	750	Disposed	2017-05-02	Common Stock (750)	Direct

Footnotes

F1: Represents the average sale price. Exact sale prices range from $56.20 to $56.21.

F2: Twenty percent of theses units vested on May 2, 2008; thereafter 1/60th vest monthly so that the option will be fully vested on the fifth anniversary of the grant date.