8-KOther Events

Prologis, Inc. 8-K Report, Corporate Update (May 1, 2018)

Filed May 1, 2018For Securities:PLDPLDGP

Summary

This 8-K filing from Prologis, Inc. primarily announces an agreed-upon amendment to the merger agreement with DCT Industrial Trust Inc. Specifically, it clarifies that the reference to Prologis's regular quarterly cash dividend in the merger agreement will now be deemed $0.48 per quarter, an increase from the previously stated $0.44 per quarter. This adjustment is a key detail for investors as it directly impacts the expected dividend amount for Prologis shareholders upon completion of the merger. The filing also serves as an important reminder for investors regarding the ongoing merger process, directing them to future SEC filings, including a Form S-4 registration statement containing a proxy statement/prospectus, for comprehensive details. Investors are strongly encouraged to review these forthcoming documents due to their critical information regarding the transaction and potential voting decisions.

Key Highlights

  • 1Prologis and DCT Industrial Trust Inc. have amended their merger agreement regarding the quarterly cash dividend amount.
  • 2The regular quarterly cash dividend for Prologis is now set at $0.48 per quarter, an increase from the previously specified $0.44.
  • 3This amendment is effective as of April 30, 2018.
  • 4The filing emphasizes the importance of upcoming SEC filings, including a Form S-4 (proxy statement/prospectus), for detailed information on the merger.
  • 5Investors are urged to read the proxy statement/prospectus and other relevant documents when they become available.
  • 6Information on participants in the solicitation for the proposed transaction is provided, with details to be further disclosed in the proxy statement/prospectus.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce an amendment to the merger agreement between Prologis, Inc. and DCT Industrial Trust Inc., specifically clarifying the amount of Prologis's regular quarterly cash dividend to be considered $0.48 per quarter.

This filing adjusts a specific term of the merger agreement by increasing the reference to Prologis's regular quarterly cash dividend from $0.44 to $0.48 per quarter. This change is important for shareholders of both companies as it impacts the expected financial considerations related to the merger.

Investors should note the updated dividend amount in the context of the ongoing merger. They are strongly advised to carefully review the upcoming Form S-4 registration statement, which will include a proxy statement/prospectus, as it will contain crucial information regarding the merger and any voting requirements. Investors should also be aware of the forward-looking statements and associated risks disclosed in the filing.

More detailed information will be available in the Form S-4 registration statement (proxy statement/prospectus) that Prologis will file with the SEC. Investors can access this and other SEC filings for Prologis and DCT on the SEC's website (www.sec.gov) or through the investor relations sections of Prologis's (www.ir.prologis.com) and DCT's (http:/investors.dctindustrial.com/Corporate Profile) websites.