<SEC-DOCUMENT>0000950170-24-005475.txt : 20240118
<SEC-HEADER>0000950170-24-005475.hdr.sgml : 20240118
<ACCEPTANCE-DATETIME>20240118173010
ACCESSION NUMBER:		0000950170-24-005475
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240116
FILED AS OF DATE:		20240118
DATE AS OF CHANGE:		20240118

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Ghazal Joseph
		CENTRAL INDEX KEY:			0002006671
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13545
		FILM NUMBER:		24542964

	MAIL ADDRESS:	
		STREET 1:		PIER 1, BAY 1
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94111

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Prologis, Inc.
		CENTRAL INDEX KEY:			0001045609
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				943281941
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		PIER 1 BAY 1
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94111
		BUSINESS PHONE:		4153949000

	MAIL ADDRESS:	
		STREET 1:		PIER 1 BAY 1
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94111

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMB PROPERTY CORP
		DATE OF NAME CHANGE:	19970916
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>4
<TEXT>
<XML>
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<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-01-16</periodOfReport>

    <issuer>
        <issuerCik>0001045609</issuerCik>
        <issuerName>Prologis, Inc.</issuerName>
        <issuerTradingSymbol>PLD</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002006671</rptOwnerCik>
            <rptOwnerName>Ghazal Joseph</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>PIER 1, BAY 1</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94111</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>Chief Investment Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

    <nonDerivativeTable>
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                <value>Common Stock</value>
                <footnoteId id="F1"/>
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            </transactionDate>
            <deemedExecutionDate>
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                <equitySwapInvolved>false</equitySwapInvolved>
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            <transactionAmounts>
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                </transactionShares>
                <transactionPricePerShare>
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                <equitySwapInvolved>false</equitySwapInvolved>
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                <transactionPricePerShare>
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                </sharesOwnedFollowingTransaction>
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                </transactionPricePerShare>
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            </transactionAmounts>
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        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
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                <footnoteId id="F5"/>
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            <conversionOrExercisePrice>
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            </conversionOrExercisePrice>
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            </transactionDate>
            <deemedExecutionDate>
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            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>9617</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F5"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>9617</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>79867</value>
                </sharesOwnedFollowingTransaction>
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                    <value>D</value>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
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            <conversionOrExercisePrice>
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            </conversionOrExercisePrice>
            <transactionDate>
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            </transactionDate>
            <deemedExecutionDate>
                <value>2024-01-16</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>9237</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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            <exerciseDate>
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            <expirationDate>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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                </underlyingSecurityTitle>
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                    <value>9237</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
                    <value>89104</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
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        </derivativeTransaction>
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            <securityTitle>
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                <footnoteId id="F1"/>
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            <conversionOrExercisePrice>
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            </conversionOrExercisePrice>
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            </transactionDate>
            <deemedExecutionDate>
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            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
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            <transactionAmounts>
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                    <value>2064</value>
                </transactionShares>
                <transactionPricePerShare>
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                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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                </transactionAcquiredDisposedCode>
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                <sharesOwnedFollowingTransaction>
                    <value>87040</value>
                </sharesOwnedFollowingTransaction>
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                </directOrIndirectOwnership>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
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                <footnoteId id="F2"/>
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                <value>2024-01-17</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2024-01-17</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
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            <transactionAmounts>
                <transactionShares>
                    <value>2229</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
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            <exerciseDate>
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            <expirationDate>
                <footnoteId id="F2"/>
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                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2229</value>
                </underlyingSecurityShares>
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                <sharesOwnedFollowingTransaction>
                    <value>84811</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Conversion of 20% of RSU grant following vest on 1/17/24. The RSUs convert into Prologis Common Stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.</footnote>
        <footnote id="F2">Conversion of 25% of RSU grant following vest on 1/17/24. The RSUs convert into Prologis Common Stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.</footnote>
        <footnote id="F3">Conversion of 20% of RSU grant following vest on 1/16/2024. The RSUs convert into Prologis Common Stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date.</footnote>
        <footnote id="F4">Shares withheld for payment of the tax liability associated with the receipt of common stock acquired upon the vesting of the RSUs referenced in table II.</footnote>
        <footnote id="F5">Restricted Stock Units (RSUs) will vest in equal amounts on each January 16, 2025, 2026, 2027 and 2028.  The RSUs convert into Prologis Common Stock upon vesting on a 1-for-1 basis.  RSUs have no exercise price or expiration date.</footnote>
        <footnote id="F6">RSUs issued to the reporting person pursuant to the Prologis Outperformance Plan.  The RSUs vest 20% on grant date and 80% on January 1, 2031. The RSUS have no exercise price or expiration date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Tammy Colvocoresses Attorney-In-Fact for Joseph Ghazal</signatureName>
        <signatureDate>2024-01-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
