Reynolds Kevin 4
4 · JBG SMITH Properties · Filed May 17, 2024
Insider Transaction Report
Form 4
Reynolds Kevin
Co-Chief Development Officer
Transactions
- Conversion
OP Unit
2024-05-15+20,000→ 340,253 total(indirect: By Trust)→ Common Shares (20,000 underlying) - Conversion
Common Shares
2024-05-15+20,000→ 20,009 total(indirect: By Trust)
Footnotes (2)
- [F1]Each Operating Partnership Unit ("OP Unit") in JBG SMITH Properties LP, the operating partnership of JBG SMITH Properties (the "Issuer"), is redeemable, once vested, by the holder for one common share of the Issuer, par value $0.01 (a "Common Share"), or the cash value of a Common Share, at the Issuer's option. This transaction represents solely a redemption of OP Units for Common Shares. No sale or monetization of securities has occurred.
- [F2]Mr. Reynold's spouse is the primary beneficiary of the Kevin Reynolds 2021 Inter Vivos Irrevocable Trust. The trustee of the Kevin Reynolds 2021 Inter Vivos Irrevocable Trust is a third party.