4//SEC Filing
BINNIE WILLIAM H 4
Accession 0000950170-24-074852
CIK 0001622194other
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 4:09 PM ET
Size
6.3 KB
Accession
0000950170-24-074852
Insider Transaction Report
Form 4
BINNIE WILLIAM H
Director
Transactions
- Award
LTIP Units
2024-06-14+10,787→ 10,787 total→ Common Stock (10,787 underlying)
Footnotes (2)
- [F1]Represents LTIP Units in Easterly Government Properties LP (the "Operating Partnership"), of which the Issuer is the general partner, granted pursuant to the Issuer's 2024 Equity Incentive Plan. The LTIP Units, and the common units of limited partnership interest in the Operating Partnership (each, a "Common Unit") into which such LTIP Units may be converted, will vest upon the earlier of the first anniversary of the date of grant or the next annual stockholder meeting, subject to the Reporting Person's continued service as a director of the Issuer through such date.
- [F2]Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder or the Operating Partnership, into a 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. The rights to convert vested LTIP Units into Common Units and redeem Common Units do not have expiration dates.
Documents
Issuer
Easterly Government Properties, Inc.
CIK 0001622194
Entity typeother
Related Parties
1- filerCIK 0001183636
Filing Metadata
- Form type
- 4
- Filed
- Jun 17, 8:00 PM ET
- Accepted
- Jun 18, 4:09 PM ET
- Size
- 6.3 KB