Prologis : Regulation FD Disclosure (Form 8-K)

Regulation FD Disclosure

On May 28, 2021, our chief executive officer and chairman of the board, Hamid R. Moghadam, adopted

a pre-arranged

10b5-1 plan

and letter of instructions (collectively, the 'Plan') relating to the conversion of 315,230 LTIP units (the 'LTIP Units') of Prologis, L.P. (the 'Operating Partnership'), the redemption (the 'Redemption') of the common limited partnership units of the Operating Partnership received upon conversion of LTIP Units and the sale of the underlying shares of our common stock, if any, that may be issued to settle the Redemption in accordance with the Thirteenth Amended and Restated Partnership Agreement of the Operating Partnership, as amended. The Plan was adopted in accordance with guidelines specified under

Rule 10b5-1

of the Securities Exchange Act of 1934, as amended, and our policies regarding stock transactions. Up to 315,230 shares of our common stock (that may be received upon Redemption, if any) may be sold under Mr. Moghadam's Plan. All transactions under his Plan will be disclosed publicly in filings with the U.S. Securities and Exchange Commission.