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: MOGHADAM HAMID R (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-11	Common Stock	A	67750	—	Acquired	3166393	Direct
2010-02-11	Common Stock	A	10331	—	Acquired	3176724	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	176991	Acquired	2020-02-11	Common Stock (176991)	Direct
2010-02-11	Non-Qualified Stock Option (right to buy)	$22.14	A	180000	Acquired	2020-02-11	Common Stock (180000)	Direct
2010-02-11	Non-Qualified Stock Option (right to buy)	$22.14	A	90000	Acquired	2020-02-11	Common Stock (90000)	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: Hamid - Of the 3,176,724 securities beneficially owned, 239,188 shares are directly owned (D), 1,522,108 securities are indirectly held (I) through a Trust FBO reporting person with reporting person and spouse as sole trustees, 131,776 securities are indirectly held (I) through the HRM Trust 1997, U/A/D June 17, 1997 and 1,283,652 securities are indirectly held (I) through a rabbi trust pursuant to the Amended and Restated AMB Nonqualifed and Deferred Compensation Plan.

F5: 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.

F6: 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.