Home > Insider Trading > Filing (0001181431-11-016939)

Filing Details

Accession Number:: 0001181431-11-016939
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-03-09 12:00:00
Reporting Period:: 2011-03-07

Filing Date:: 2011-03-09
Accepted Time:: 2011-03-09 20:35:57
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1297996	Digital Realty Trust Inc.	DLR	Real Estate Investment Trusts (6798)	260081711

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1335788	Jr James Christopher Crosby	560 Mission Street, Suite 2900 San Francisco CA 94105	Svp, Corporate Development	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2011-03-07	3,334	$20.37	3,334	No	4	M	Direct
Common Stock	Disposition	2011-03-07	3,334	$57.00	0	No	4	S	Direct
Common Stock	Acquisiton	2011-03-07	2,567	$41.73	2,567	No	4	M	Direct
Common Stock	Disposition	2011-03-07	2,567	$57.00	0	No	4	S	Direct
Common Stock	Acquisiton	2011-03-07	15,002	$0.00	15,002	No	4	M	Direct
Common Stock	Disposition	2011-03-07	15,002	$57.01	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2011-03-07	3,334	$0.00	3,334	$20.37
Common Stock	Employee Stock Option (right to buy)	Disposition	2011-03-07	2,567	$0.00	2,567	$41.73
Common Stock	Long-Term Incentive Units	Disposition	2011-03-07	15,002	$0.00	15,002	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2015-11-08	No	4	M	Direct
5,134	2017-05-02	No	4	M	Direct
43,298		No	4	M	Direct

Footnotes

Christopher Crosby converted 15,002 long-term incentive units into common limited partnership units ("Common Units") of Digital Realty Trust, L.P., a Maryland limited partnership (the "Operating Partnership"), and subsequently redeemed the 15,002 Common Units for 15,002 shares of the common stock of Digital Realty Trust, Inc. (the "Issuer"), all in accordance with the requirements of the Limited Partnership Agreement of the Operating Partnership.
Long-term incentive units are membership interests in the Operating Partnership, of which the Issuer is the general partner. Long-term incentive units receive the same quarterly distributions as Common Units. Long-term incentive units may initially not have full parity with Common Units with respect to liquidating distributions; however, upon the occurrence of specified events, long-term incentive units may achieve full parity with CommonUnits for all purposes, and thereafter vested long-term incentive units may be converted into an equal number of Common Units on a one-for-one basis at any time. Common Units will be redeemable for cash based on the fair market value of an equivalent number of shares of the Issuer's common stock, or, at the election of the Issuer, for an equal number of shares of the Issuer's common stock.
Represents the average sale price. Exact sale prices range from $57.00 to 57.10.
Twenty percent of the option shares vested on November 8, 2006; thereafter 1/60th vest monthly so that the option became fully vested on the fifth anniversary of the grant date.
Twenty percent of the option shares vested on May 2, 2008; thereafter 1/60th vest monthly so that the option will be fully vested on the fifth anniversary of the grant date.
1 for 1.
N/A