Sec Form 4 Filing - Corral Teresa @ DCT Industrial Trust Inc. - 2016-03-02

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Corral Teresa
2. Issuer Name and Ticker or Trading Symbol
DCT Industrial Trust Inc. [ DCT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last) (First) (Middle)
DCT INDUSTRIAL TRUST INC., 518 17TH STREET, SUITE 800
3. Date of Earliest Transaction (MM/DD/YY)
03/02/2016
(Street)
DENVER, CO80202
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 03/02/2016 M 3,906 A $ 34.56 3,906 D
Common Stock 03/02/2016 M 937 A $ 13.64 4,843 D
Common Stock 03/02/2016 M 864 A $ 18.24 5,707 D
Common Stock 03/02/2016 M 1,807 A $ 22.2 7,514 D
Common Stock 03/02/2016 F 6,095 D $ 37.51 1,419 D
Common Stock 578 I The Parrott Family Trust ( 1 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Stock Options $ 34.56 03/02/2016 M 3,906 ( 2 ) 02/11/2018 Common Stock 3,906 $ 0 0 ( 3 ) D
Stock Options $ 13.64 03/02/2016 M 937 ( 4 ) 02/10/2019 Common Stock 937 $ 0 0 ( 5 ) D
Stock Options $ 18.24 03/02/2016 M 864 ( 6 ) 02/11/2020 Common Stock 864 $ 0 0 ( 7 ) D
Stock Options $ 22.2 03/02/2016 M 1,807 ( 8 ) 02/03/2021 Common Stock 1,807 $ 0 0 ( 9 ) D
LTIP Units ( 10 ) ( 10 ) 03/02/2016 J( 11 ) 12,731.5 ( 10 ) ( 10 ) Common Stock 12,731.5 $ 37.51 70,494.25 ( 12 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Corral Teresa
DCT INDUSTRIAL TRUST INC.
518 17TH STREET, SUITE 800
DENVER, CO80202
Executive Vice President
Signatures
/s/ John G. Spiegleman, Attorney-in-Fact 03/04/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares are held by The Parrott Family Trust. The Reporting Person disclaims beneficial ownership with respect to the shares held by The Parrott Family Trust, except to the extent of her pecuniary interest therein.
( 2 )The Stock Options ("Options") were granted under the Issuer's Long-Term Incentive Plan. The Options vested over four years: 25% on January 1, 2009, and 25% on each of January 1, 2010, 2011, and 2012.
( 3 )On January 19, 2016, the Reporting Person disposed of 3,906 Options in a transaction exempted from Section 16 by Rule 16a-12.
( 4 )The Options were granted under the Issuer's Long-Term Incentive Plan. The Options vested over four years: 25% on January 1, 2010, and 25% on each of January 1, 2011, 2012, and 2013.
( 5 )On January 19, 2016, the Reporting Person disposed of 938 Options in a transaction exempted from Section 16 by Rule 16a-12.
( 6 )The Options were granted under the Issuer's Long-Term Incentive Plan. The Options vested over four years: 25% on January 1, 2011, and 25% on each of January 1, 2012, 2013, and 2014.
( 7 )On January 19, 2016, the Reporting Person disposed of 863 Options in a transaction exempted from Section 16 by Rule 16a-12.
( 8 )The Options were granted under the Issuer's Long-Term Incentive Plan. The Options vested over four years: 25% on January 1, 2012, and 25% on each of January 1, 2013, 2014, and 2015.
( 9 )On January 19, 2016, the Reporting Person disposed of 1,807 Options in a transaction exempted from Section 16 by Rule 16a-12.
( 10 )Represents units of limited partnership interest ("LTIP Units") in DCT Industrial Operating Partnership LP ("DCTOP"), of which the Issuer is the general partner, issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in DCTOP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of Common Stock.
( 11 )12,731.50 of the Reporting Person's LTIP Units in DCTOP were converted into Common OP Units and then were immediately redeemed by the Issuer for cash.
( 12 )The Reporting Person disclaims beneficial ownership with respect to the LTIP Units, except to the extent of her pecuniary interest therein.

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