Filing Details

Accession Number:
0001181431-11-022549
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-04-05 17:38:06
Reporting Period:
2011-04-01
Filing Date:
2011-04-05
Accepted Time:
2011-04-05 17:38:06
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
1512898 M. James Smith 560 Mission Street, Suite 2900
San Francisco CA 94105
Chief Technology Officer 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 2011-04-01 605 $0.00 17,445 No 4 M Direct
Common Stock Disposition 2011-04-01 605 $58.30 16,840 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2011-04-01 605 $0.00 605 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,622 No 4 M Direct
Footnotes
  1. In accordance with the terms of a Trading Plan (SEC Rule 10b5-1 - Securities Exchange Act of 1934), James Smith converted 605 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 605 Common Units for 605 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. Vested 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. 1 for 1.
  4. N/A