4//SEC Filing
Logan Franklin V. 4
Accession 0000950170-25-111989
CIK 0001622194other
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 4:35 PM ET
Size
6.7 KB
Accession
0000950170-25-111989
Insider Transaction Report
Form 4
Logan Franklin V.
EVP, GC & Secretary
Transactions
- Award
LTIP Units
2025-08-26+12,000→ 12,000 total→ Common Stock (12,000 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, as amended (the "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 on the fifth anniversary of the grant date, subject to the Reporting Person's continued service with the Company, and, in accordance with the terms of the award, only to the extent such LTIP Units are earned based on the achievement of specified performance hurdles prior to the eighth anniversary of the Grant 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, 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 earned and 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 0001967500
Filing Metadata
- Form type
- 4
- Filed
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 4:35 PM ET
- Size
- 6.7 KB