Filing Details

Accession Number:
0001181431-10-026777
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-13 13:00:00
Reporting Period:
2010-05-11
Filing Date:
2010-05-13
Accepted Time:
2010-05-13 19:22:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1297996 Digital Realty Trust Inc. DLR Real Estate Investment Trusts (6798) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1286195 F Edward Sham 560 Mission Street
Suite 2900
San Francisco CA 94105
Vice President, Controller No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-05-11 4,203 $0.00 4,203 No 4 M Direct
Common Stock Disposition 2010-05-11 4,203 $60.00 0 No 4 S Direct
Common Stock Acquisiton 2010-05-11 4,247 $0.00 4,247 No 4 M Direct
Common Stock Disposition 2010-05-11 4,247 $60.00 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Class C Profits Interest Units Disposition 2010-05-11 4,203 $0.00 4,203 $0.00
Common Stock Long-Term Incentive Units Disposition 2010-05-11 4,247 $0.00 4,247 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,136 No 4 M Direct
15,200 No 4 M Direct
Footnotes
  1. Edward Sham converted 4,203 Class C Profits Interest Units ("Class C 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 4,203 Common Units for 4,203 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.
  2. Class C Units are membership interests in the Operating Partnership of which the Issuer is the general partner. Class C Units that have satisfied the performance condition and achieved full parity with Common Units receive the same quarterly distributions as Common Units, and 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. The Class C Units have achieved full parity with Common Units.
  3. Edward Sham converted 4,247 long-term incentive units into Common Units of the Operating Partnership, and subsequently redeemed the 4,247 Common Units for 4,247 shares of the common stock of the Issuer, all in accordance with the requirements of the Limited Partnership Agreement of the Operating Partnership.
  4. Long-term incentive units are profits interest units in the Operating Partnership. Vested profits interest units may be converted into an equal number of Common Units in the Operating Partnership on a one-for-one basis at any time. Common Units are 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, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events.
  5. 1 for 1.
  6. N/A