Prologis, Inc. — Director's Dealing 2021

Mar 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Prologis, Inc. (PLD)
CIK: 0001045609
Period of Report: 2021-03-18

Reporting Person: MOGHADAM HAMID R (Director, Chairman & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-18	LTIP Units	$0.00	A	7736	Acquired		Common Stock (7736)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
LTIP Units	$0.00		Common Stock (189748)	189748	Indirect

Footnotes

F1: Represents LTIP Units of Prologis, L.P. (the "LTIP Units") which vest 25% on each of 3/18/2022, 3/18/2023, 3/18/2024 and 3/18/2025, subject to continued employment. The LTIP Units were issued to the reporting person pursuant to the Prologis, Inc. 2020 Long-Term Incentive Plan (the "2020 LTIP").

F2: Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in Prologis, L.P. (a "Common Unit"). Each Common Unit acquired upon conversion of a vested LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of Common Stock of the Company (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested LTIP Units into Common Units and redeem Common Units have no expiration dates.

F3: Represents LTIP Units transferred to a trust where the reporting person and his spouse are sole trustees. The reporting person's prior filing reported indirect ownership of 1,735,972 LTIP Units, when in fact the reporting person owned 1,546,224 LTIP Units directly and 189,748 LTIP units indirectly. The indirectly owned LTIP Units are now reported on a separate line.