Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-23-004114
Date:2023-01-17
Issuer: PROLOGIS, INC. (PLD)
Original Submission Date:

Reporting Person:

MOGHADAM HAMID
C/O PROLOGIS, INC.
PIER 1, BAY 1 SAN FRANCISCO, CA 94111

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
LTIP UNITS 0.0 2023-01-17 deemed execution date A 101,918 (a) common stock 101,918 $0.00 1,485,906 direct
LTIP UNITS 0.0 2023-01-17 deemed execution date A 15,009 (a) common stock 15,009 $0.00 1,500,915 direct
LTIP UNITS 0.0 2023-01-17 deemed execution date A 8,235 (a) common stock 8,235 $0.00 1,509,150 direct
LTIP UNITS 0.0 2023-01-17 deemed execution date A 160,708 (a) common stock 160,708 $0.00 1,669,858 direct
Footnotes
IDfootnote
f1 represents ltip units of prologis, l.p. (the "ltip units") which vest 25% on each of 1/17/2024, 1/17/2025, 1/17/2026 and 1/17/2027 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 that were issued in exchange for the executive's cash bonus at the same value as the cash bonus. the ltip units vest 100% on issuance date. the ltip units were issued to the reporting person pursuant to the 2020 ltip.
f4 represents ltip units granted in lieu of salary, which vest 25% on each of 1/17/2024, 1/17/2025, 1/17/2026 and 1/17/2027 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").
f5 represents ltip units of prologis, l.p. (the "ltip units") that were issued to the reporting person pursuant to the prologis outperformance plan.
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