4//SEC Filing
MUSELES STEVEN A 4
Accession 0001104659-23-023277
CIK 0001689796other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:14 PM ET
Size
12.5 KB
Accession
0001104659-23-023277
Insider Transaction Report
Form 4
MUSELES STEVEN A
Chief Legal Off. & Corp Secy
Transactions
- Conversion
LTIP Units
2023-02-15−10,000→ 234,719 total→ Common Shares (10,000 underlying) - Conversion
OP Units
2023-02-15+10,000→ 10,000 total→ Common Shares (10,000 underlying) - Conversion
Common Shares
2023-02-15+10,000→ 15,758 total
Footnotes (4)
- [F1]The reported transactions represent solely a conversion of limited partnership units in JBG SMITH Properties LP (the "OP"), the operating partnership of JBG SMITH Properties (the "Issuer"), designated as LTIP Units ("LTIP Units") into Operating Partnership Units ("OP Units") in the OP, and an exchange of OP Units into common shares of the Issuer, par value $0.01 ("Common Shares"). No sale or monetization of securities has occurred.
- [F2]Each OP Unit is redeemable, once vested, by the holder for one Common Share, or the cash value of a Common Share, at the Issuer's option.
- [F3]Reflects the acquisition of an additional 25 Common Shares through the Issuer's direct dividend reinvestment and share purchase program, which are held directly by the reporting person.
- [F4]Limited partnership units in the OP designated as LTIP Units are a class of units in the OP that, if vested, 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 OP Units.
Documents
Issuer
JBG SMITH Properties
CIK 0001689796
Entity typeother
Related Parties
1- filerCIK 0001256324
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 4:14 PM ET
- Size
- 12.5 KB