Prologis, Inc. — Director's Dealing 2020

Jan 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Prologis, Inc. (PLD)
CIK: 0001045609
Period of Report: 2019-12-31

Reporting Person: HAWKINS PHILIP L (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-31	Dividend Equivalent Units-NQDC	$0.00	A	14.7425	Acquired		Common Stock (14.7425)	Direct

Footnotes

F1: Represents Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (DSUs) associated with current service on our board that are
deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). DEUs accrue on outstanding DSUs at the Prologis
common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs and the underlying DSUs vest 100% on the earlier
of the first anniversary of the grant date or the first annual meeting of the stockholders of Prologis after the grant date (generally in May each
year). The receipt of such DEUs is deferred along with the underlying DSUs. DSUs and DEUs are paid in the form of Prologis common stock at
the rate of one common share per DSU or DEU. Balance in column 9 includes DSUs and DEUs.