4//SEC Filing
SHUMAN D ELLEN 4
Accession 0001104659-18-030933
CIK 0001689796other
Filed
May 6, 8:00 PM ET
Accepted
May 7, 4:40 PM ET
Size
6.2 KB
Accession
0001104659-18-030933
Insider Transaction Report
Form 4
SHUMAN D ELLEN
Director
Transactions
- Award
LTIP Units
2018-05-03+2,577→ 9,315 total→ Common Shares (2,577 underlying)
Footnotes (1)
- [F1]The reporting person received a grant of limited partnership units of JBG Smith Properties LP, JBG Smith Properties' (the "Issuer's") operating partnership (the "OP"), designated as LTIP Units ("LTIP Units") pursuant to the JBG SMITH Properties 2017 Omnibus Share Plan. These LTIP Units are a class of units in the OP that are convertible at the option of the holder, conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into an equal number of Operating Partnership Units ("OP Units") in the OP. The resulting OP Units are redeemable by the holder for one common share of the Issuer, par value $0.01 (a "Common Share") per OP Unit or the cash value of a Common Share, at the Issuer's option, after the two year anniversary of the LTIP issuance. The LTIP Units will be fully vested on the date of grant but may not be sold while the reporting person serves as a trustee, except in certain circumstances.
Documents
Issuer
JBG SMITH Properties
CIK 0001689796
Entity typeother
Related Parties
1- filerCIK 0001230126
Filing Metadata
- Form type
- 4
- Filed
- May 6, 8:00 PM ET
- Accepted
- May 7, 4:40 PM ET
- Size
- 6.2 KB