Joseph Ghazal Form 4 Prologis / Joseph Ghazal ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Ghazal Joseph

(Last) (First) (Middle)

PIER 1, BAY 1

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Prologis, Inc. [ PLD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Investment Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/16/2025		M		2,405	A	(1)	17,386	D
Common Stock	01/16/2025		F		923	D	$107.85	16,463	D
Common Stock	01/17/2025		M		2,229	A	(1)	18,692	D
Common Stock	01/17/2025		F		798	D	$110.93	17,894	D
Common Stock	01/18/2025		M		168	A	(1)	18,062	D
Common Stock	01/18/2025		F		94	D	$109.48	17,968	D
Common Stock	01/18/2025		M		639	A	(1)	18,607	D
Common Stock	01/18/2025		F		357	D	$109.48	18,250	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	01/16/2025		M			2,405	(2)	(2)	Common Stock	2,405	$0	72,258	D
Restricted Stock Units	(1)	01/17/2025		M			2,229	(3)	(3)	Common Stock	2,229	$0	70,029	D
Restricted Stock Units	(1)	01/18/2025		M			168	(4)	(4)	Common Stock	168	$0	69,861	D
Restricted Stock Units	(1)	01/18/2025		M			639	(5)	(5)	Common Stock	639	$0	69,222	D

Explanation of Responses:

1. Restricted stock units (RSUs) convert into common stock on a 1-for-1 basis. RSUs have no exercise price or expiration date.

2. On January 16, 2024, the reporting person was granted 9,617 restricted stock units, vestng in four equal annual installments beginning on the first anniversary of the grant date.

3. On January 17, 2023, the reporting person was granted 8,916 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.

4. On January 18, 2022, the reporting person was granted 1,672 restricted stock units, vesting 80% on 1/18/23, 10% on each 1/18/2024 and 1/18/2025.

5. On January 18, 2022, the reporting person was granted 2,555 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.

	/s/ Tammy Colvocoresses, Attorney-In-Fact for Joseph Ghazal	01/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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