Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 23, 2021, the Compensation Committee (the "Committee") of the Board of
Directors of Digital Realty Trust, Inc. (the "Company") approved an amendment
(the "Amendment") to the employment agreement, dated July 2, 2018, between the
Company, DLR LLC and A. William Stein, our Chief Executive Officer (the
"Employment Agreement"). The Company and DLR LLC (together, the "Employer")
entered into the Amendment on August 24, 2021 following approval by the
Committee.
Pursuant to the Amendment, subject to earlier termination as provided in the
Employment Agreement, the term of Mr. Stein's employment with the Company under
the Employment Agreement will automatically be extended each year for successive
one-year periods until either the Employer or Mr. Stein provides 60 days written
notice of non-extension prior to the expiration of the then-current term. The
Amendment also amends the Employment Agreement to reflect that Mr. Stein's
principal place of employment is the Company's office in Austin, Texas and to
reflect Mr. Stein's current target and maximum annual bonus, which are equal to
200% and 400%, respectively, of his base salary for such year.
The foregoing description of the Amendment is qualified in its entirety by the
full text of the Amendment, a copy of which is attached as Exhibit 10.1 to this
Current Report on Form 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
10.1 Amendment to Employment Agreement, dated as of August 24, 2021, by
and among Digital Realty Trust, Inc., DLR LLC and A. William Stein.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
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DIGITAL REALTY TRUST, INC. 
