Prologis, Inc. — Director's Dealing 2023

Jan 9, 2023

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Prologis, Inc. (PLD)
CIK: 0001045609
Period of Report: 2023-01-01

Reporting Person: Letter Daniel (President)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
LTIP Units	$0.01		Common Stock (140107)		Direct

Footnotes

F1: 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 after the completion of a two
year waiting period, 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.