George L. Fotiades - May 4, 2023 Form 4 Insider Report for Prologis, Inc. (PLD)

Role
Director
Signature
/s/ Tammy Colvocoresses attorney in fact for George L. Fotiades
Stock symbol
PLD
Transactions as of
May 4, 2023
Transactions value $
$0
Form type
4
Date filed
5/8/2023, 08:17 PM
Previous filing
May 4, 2023
Next filing
Jul 5, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PLD Deferred Stock Units- NQDC Award $0 +1.8K +4.81% $0.00 39.2K May 4, 2023 Common Stock 1.8K $0.00 Direct F2
holding PLD Deferred Stock Units 21.3K May 4, 2023 Common Stock 21.3K $0.00 Direct F1
holding PLD Phantom Shares- NQDC 14K May 4, 2023 Common Stock 14K $0.00 Direct F3
holding PLD Phantom Shares 26.5K May 4, 2023 Common Stock 26.5K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Deferred Stock Units (DSUs) associated with previous service on the board of ProLogis, our merger partner, and assumed by us in June 2011. DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs vest upon issuance and the receipt of such DEUs is deferred, as are the underlying DSUs, during the period the reporting person serves as a director. DSUs and DEUs are paid in the form of Prologis common stock at the rate of one common share per DSU or DEU. Balance in column 9 includes DSUs and DEUs.
F2 Deferred Stock Units (DSUs) granted May 4, 2023, which vest 100% on the earlier of the first anniversary of the grant date, or the first annual meeting of the stockholders of Prologis that occurs after the grant date, and generally, are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan until May 4, 2026. DSUs earn dividend equivalent units (DEUs) when dividends are paid with respect to Prologis common stock and have no exercisable or expiration date. DSUs and accrued DEUs are convertible into Prologis common stock on a 1-for-1 basis. Balance in column 9 includes DSUs and DEUs.
F3 Represents director fees that the reporting person has elected to defer into phantom shares under the NQDC Plan. These phantom shares are vested upon issuance and accrue DEUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. Phantom shares are paid in the form of Prologis common stock at the rate of one common share per phantom share in accordance with the deferral election made by the reporting person, or upon termination of service, and have no exercise price or expiration date. Balance in column 9 includes phantom shares and DEUs.
F4 Represents phantom shares associated with previous service on the board of ProLogis, our merger partner, and assumed by us in June 2011. DEUs accrue on outstanding phantom shares at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs vest upon issuance and the receipt of such DEUs is deferred in accordance with the deferral election made by the reporting person applicable to the underlying phantom shares. Phantom shares and DEUs are paid in the form of Prologis common stock at the rate of one common share per Phantom share or DEU. Balance in column 9 includes phantom shares and DEUs.