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Prologis, Inc. — Director's Dealing 2012
Feb 3, 2012
29861_dirs_2012-02-03_b85b4786-38d2-4367-a946-9fc823e6a34d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Prologis, Inc. (PLD)
CIK: 0001045609
Period of Report: 2012-02-01
Reporting Person: RAKOWICH WALTER C (Co-Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-01 | Common Stock | M | 44172 | $0.00 | Acquired | 444155 | Direct |
| 2012-02-01 | Common Stock | F | 18146 | $32.54 | Disposed | 426009 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-01 | Performance Share Units | $0.00 | A | 85744 | Acquired | Common Stock (85744) | Direct | |
| 2012-02-01 | Restricted Share Units | $0.00 | A | 230485 | Acquired | Common Stock (230485) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 225 | Indirect |
| Common Stock | 245 | Indirect |
| Common Stock | 389 | Indirect |
Footnotes
F1: Represents conversion of 34% of earned Performance Share Award Units (PSA Units) granted 1/28/2011, of which the earned amount was determined on 2/1/2012, based upon achievement of company and individual goals. After the earned amount was determined, the earned PSA Units have a vesting schedule of 34% on 1/28/2012, and 33% on each of 1/28/2013 and 1/28/2014. Earned PSA Units convert into Prologis common shares on a 1-for-1 basis, and have no exercise price or expiration date.
F2: Balance in column 5 includes 14 shares acquired under the Prologis 401k Plan since the last filing.
F3: Shares withheld for payment of the tax liability associated with the receipt of common stock acquired upon the vesting of the PSA Units and DEUs.
F4: PSA Units awarded 1/28/2011 were earned for the performance period from 1/1/2011 through 12/31/2011. This transaction represents the unvested portions of the earned PSA Units and DEUs that will continue to vest and payout in common shares on a 1-for-1 basis, 50% on each of 1/28/2013 and 1/28/2014.
F5: Restricted Share Units (RSUs) which vest 34% on 2/1/2013 and 33% on each of 2/1/2014 and 2/1/2015. The RSUs convert into Prologis common shares upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.