Company: PLDGP
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-067058
Chunk: 64

Company: Prologis, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 64
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30,000 in 2023 and $27,000 in 2022, Mr. Letter $23,000 in 2024 and $22,500 in 2023, Mr. Ghazal $30,500 in 2024 and Mr. Andrus $23,000 in 2024. |

| (2) | In 2023, the company liquidated paid time off (PTO) balances of most employees at the senior vice president level and above who had outstanding accrued PTO balances. Amounts paid to NEOs in respect of PTO balances liquidated by the company were as follows: Mr. Arndt: $94,616 in 2023, and Mr. Letter: $93,462 in 2023. |

| (3) | Bonuses earned for a fiscal year are paid in the subsequent fiscal year (e.g., the bonuses in column (d) earned for performance in 2024 were paid in the first quarter of 2025). |

| SUMMARY COMPENSATION TABLE |

| (4) | Includes the value of equity awards received by NEOs who elected to participate in the company’s bonus exchange program. The value of equity awards received is equal to 100% of the cash bonus exchanged and, as no exchange premium applied, such awards were fully vested upon issuance on January 17, 2023, January 16, 2024, and January 20, 2025, respectively. (Beginning in 2018, we eliminated the bonus exchange premium for NEOs. In years prior to 2018, NEOs were eligible to receive a 25% premium on the portion of the bonus that was exchanged.) The amount in column (d) includes the actual bonus awarded to the NEO participating in the bonus exchange regardless of whether cash or stock awards were received. |

| Name         |     | Year(i) |     |   | Annual Cash 
       Bonus 
   Award(ii) |     |   |         Amount 
 Exchanged(iii) |     |   | Exchanged 
    Equity 
 Value(iv) |     | # of Shares 
 or Units(v) |
|:-------------|:----|--------:|:----|:--|------------:|:----|:--|---------------:|:----|:--|----------:|:----|------------:|
| Mr. Moghadam |     |    2024 |     | $ |   1,267,500 |     |