Prologis, Inc. — Director's Dealing 2010

Feb 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMB PROPERTY CORP (AMB)
CIK: 0001045609
Period of Report: 2010-02-11

Reporting Person: Tran Nina A (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-11	Common Stock	A	3252	—	Acquired	25632	Direct
2010-02-11	Common Stock	A	2320	—	Acquired	27952	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-11	Non-Qualified Stock Option (right to buy)	$22.14	A	8495	Acquired	2020-02-11	Common Stock (8495)	Direct
2010-02-11	Non-Qualified Stock Option (right to buy)	$22.14	A	16973	Acquired	2020-02-11	Common Stock (16973)	Direct
2010-02-11	Non-Qualified Stock Option (right to buy)	$22.14	A	8486	Acquired	2020-02-11	Common Stock (8486)	Direct

Footnotes

F1: Shares were granted pursuant to the Company's 2002 Stock Option and Incentive Plan and are subject to a repurchase right held by AMB Property Corporation, which lapses as to one-fourth of such shares annually on February 1. The repurchase right lapses fully on February 1, 2014.

F2: Not applicable.

F3: Shares were granted pursuant to the Company's 2002 Stock Option and Incentive Plan and are subject to a repurchase right held by AMB Property Corporation, which lapses partially each February 1; 40% lapses annually for the first 2 years, and 20% lapses in the third year. The repurchase right lapses fully on February 1, 2013.

F4: One-third of the shares subject to the option vest and become exercisable annually on February 1. The shares will vest fully on February 1, 2013.

F5: One-fourth of the shares subject to the option vest and become exercisable quarterly on April 1, 2010, July 1, 2010, October 1, 2010, and January 1, 2011. The shares will vest fully on January 1, 2011.