DIGITAL REALTY TRUST, INC. — Director's Dealing 2013

Feb 22, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Digital Realty Trust, Inc. (DLR)
CIK: 0001297996
Period of Report: 2013-02-20

Reporting Person: Miszewski Matthew J. (SVP, Sales)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-20	Long-Term Incentive Units	$	A	5305	Acquired		Common Stock (5305)	Direct

Footnotes

F1: Long-term incentive units are profits interest units in Digital Realty Trust, L.P., a Maryland limited partnership (the "Operating Partnership"), of which the Issuer is the general partner. Vested profits interest units may be converted into an equal number of common limited partnership units ("Common Units") in the Operating Partnership on a one-for-one basis at any time. Common Units are redeemable for cash based on the fair market value of an equivalent numbers of shares of the Issuer's common stock, 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.

F2: 1 for 1.

F3: These units were granted on February 20, 2013, with an initial vest date of February 27, 2014. Each grant vests as to 25% in the first year, 25% in the second year, 25% in the third year and 25% in the fourth year.

F4: N/A