June 8, 2011 - Nekritz Edward S - 3: Initial statement of beneficial ownership of securities

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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3235-0104

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

NEKRITZ EDWARD S

2. Date of Event Requiring Statement (Month/Day/Year)
06/03/2011

3. Issuer Name and Ticker or Trading Symbol
Prologis, Inc. [PLD]

(Last)

(First)

(Middle)

C/O PROLOGIS, INC., PIER 1, BAY 1

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chief Legal Off./Gen. Counsel

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

SAN FRANCISCO, CA 94111

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 Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $.01	103,162	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Non Qualified Stock Options	⁽¹⁾	11/11/2018	Common Stock	83,700	$ 15.39	D
Non Qualified Stock Options	⁽²⁾	09/19/2011	Common Stock	7,954	$ 46.32	D
Non Qualified Stock Options	⁽²⁾	09/26/2012	Common Stock	8,928	$ 55.46	D
Non Qualified Stock Options	⁽²⁾	09/25/2013	Common Stock	8,928	$ 67.21	D
Non Qualified Stock Options	⁽²⁾	09/23/2014	Common Stock	8,928	$ 78.24	D
Non Qualified Stock Options	⁽²⁾	12/20/2015	Common Stock	11,774	$ 101.84	D
Non Qualified Stock Options	⁽²⁾	12/21/2016	Common Stock	7,845	$ 134.23	D
Non Qualified Stock Options	⁽³⁾	12/18/2017	Common Stock	9,779	$ 135.76	D
Restricted Share Units	⁽⁴⁾	⁽⁴⁾	Common Stock	524	$ 0	D
Restricted Share Units	⁽⁵⁾	⁽⁵⁾	Common Stock	61,435	$ 0	D
Restricted Share Units	⁽⁶⁾	⁽⁶⁾	Common Stock	4,419	$ 0	D
Restricted Share Units	⁽⁷⁾	⁽⁷⁾	Common Stock	8,928	$ 0	D
Restricted Share Units	⁽⁸⁾	⁽⁸⁾	Common Stock	17,856	$ 0	D
Restricted Share Units	⁽⁹⁾	⁽⁹⁾	Common Stock	7,260	$ 0	D
Restricted Share Units	⁽⁶⁾	⁽⁶⁾	Common Stock	4,631	$ 0	D
Restricted Share Units	⁽¹⁰⁾	⁽¹⁰⁾	Common Stock	33,480	$ 0	D

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
NEKRITZ EDWARD S C/O PROLOGIS, INC. PIER 1, BAY 1 SAN FRANCISCO, CA 94111			Chief Legal Off./Gen. Counsel

Signatures

Kristi Oberson attorney in fact for Edward S. Nekritz		06/08/2011
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Non Qualified Stock Options of which 27,900 are vested and 27,900 which will vest on Nov. 11, 2011 and 27,900 which will vest on Nov. 11, 2012.
(2)	Fully vested and exercisable.
(3)	Non Qualified Stock Options of which 7,334 are vested and 2,445 which will vest on Dec. 18, 2011.
(4)	RSUs vest 100% on Dec. 18, 2011. The RSUs convert into Prologis common stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.
(5)	RSUs vest 50% on each of Nov. 11, 2011 and Nov. 11, 2012. The RSUs convert into Prologis common stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.
(6)	RSUs vest 50% on each of Jan. 28, 2012 and Jan. 28, 2013. The RSUs convert into Prologis common stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.
(7)	RSUs vest 34% on Jan. 28, 2012 and 33% on each of Jan. 28, 2013 and Jan. 28, 2014. The RSUs convert into Prologis common stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.
(8)	RSUs vest 25% on each of Jan. 30, 2012, Jan. 30, 2013, Jan. 30, 2014 and Jan. 30, 2015. The RSUs convert into Prologis common stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.
(9)	RSUs vest 100% on Dec. 31, 2011. The RSUs convert into Prologis common stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.
(10)	RSUs awarded June 2, 2011, one-third of which will vest on each of June 3, 2012, June 3, 2013, and June 3, 2014. The RSUs convert into Prologis common stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.

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Form: 3

Documents

Reporting Owners

Signatures

Explanation of Responses: