4//SEC Filing
Bernard Alison M. 4
Accession 0000899243-19-001769
CIK 0001622194other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 7:04 PM ET
Size
11.9 KB
Accession
0000899243-19-001769
Insider Transaction Report
Form 4
Bernard Alison M.
EVP & CFO
Transactions
- Award
Common Stock
2019-01-18+2,573→ 3,074 total - Award
LTIP Units
2019-01-18−973→ 973 total→ Common Stock (973 underlying) - Award
LTIP Units
2019-01-18−2,071→ 2,071 total→ Common Stock (2,071 underlying)
Holdings
- 6,000(indirect: By Parents)
Common Stock
Footnotes (4)
- [F1]Represents shares of the Issuer's common stock ("Common Stock") granted under the Issuer's 2015 Equity Incentive Plan, as amended (the "Plan"), which will vest on January 18, 2021 and January 18, 2022 in accordance with the terms of the award and subject to the reporting person's continued employment.
- [F2]Represents a target number of LTIP Units in Easterly Government Properties LP (the "Operating Partnership"), of which the Issuer is the general partner, granted as long-term incentive compensation pursuant to the Plan that may be earned based on the Issuer's performance through December 31, 2020. Subject to continued employment, 50% of the earned LTIP Units will vest when earned and 50% of the earned LTIP Units will vest on January 2, 2022.
- [F3]Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Operating Partnership ("Common Unit"). Each Common 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 Unit so presented for one share of Common Stock. LTIP Units are generally not convertible without the consent of the Issuer until two years from the date of the grant. The rights to convert vested LTIP Units into Common Units and redeem Common Units do not have expiration dates.
- [F4]Represents a target number of LTIP Units in the Operating Partnership granted as long-term incentive compensation pursuant to the Plan that may be earned based on the Issuer's performance through December 31, 2021. Subject to continued employment, 50% of the earned LTIP Units will vest when earned and 50% of the earned LTIP Units will vest on January 2, 2023.
Documents
Issuer
Easterly Government Properties, Inc.
CIK 0001622194
Entity typeother
Related Parties
1- filerCIK 0001632926
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 7:04 PM ET
- Size
- 11.9 KB