4//SEC Filing
Valdes Angela 4
Accession 0001104659-23-024302
CIK 0001689796other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:09 PM ET
Size
6.5 KB
Accession
0001104659-23-024302
Insider Transaction Report
Form 4
Valdes Angela
Chief Accounting Officer
Transactions
- Award
LTIP Units
2023-02-17+7,861→ 96,230 total→ Common Shares (7,861 underlying)
Footnotes (2)
- [F1]The reporting person received a grant of limited partnership units in JBG SMITH Properties LP (the "OP"), JBG SMITH Properties' (the "Issuer's") operating partnership, 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 in the OP ("OP Units"). 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 Units issuance.
- [F2]These LTIP Units were issued pursuant to the reporting person's election with the Issuer to receive a portion of her cash bonus payable for 2022 in the form of fully vested LTIP Units.
Documents
Issuer
JBG SMITH Properties
CIK 0001689796
Entity typeother
Related Parties
1- filerCIK 0001498256
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:09 PM ET
- Size
- 6.5 KB