4//SEC Filing
Kamer William 4
Accession 0001181431-09-002659
CIK 0001364250other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 4:35 PM ET
Size
9.8 KB
Accession
0001181431-09-002659
Insider Transaction Report
Form 4
Kamer William
Chief Financial Officer, Secy
Transactions
- Award
Employee Stock Option (right to buy)
2009-01-12$11.42/sh+298,913$3,413,586→ 298,913 totalExercise: $11.42Exp: 2018-12-31→ Common Stock (298,913 underlying) - Award
Long Term Incentive Plan Units
2009-01-12+24,081→ 24,081 total→ Common Stock (24,081 underlying)
Footnotes (8)
- [F1]Grant of non-qualified stock option pursuant to 2006 Omnibus Stock Incentive Plan.
- [F2]Options vest one-quarter on January 12, 2009, and one-quarter on each December 31 of 2009, 2010 and 2011.
- [F3]Reporting Person also owns (i) 386,667 Employee Stock Options granted October 30, 2006 of which one-half are fully vested and one-quarter vest on January 1, 2010 and one-quarter vest on January 1, 2011; and 152,117 Employee Stock Options granted January 25, 2008 of which one-half are fully vested and one-quarter vest on December 31, 2009 and one-quarter vest on December 31, 2010.
- [F4]Represents long-term incentive plan units ("LTIP Units") in Douglas Emmett Properties, LP, a DE limited partnership (the "Operating Partnership"). The Issuer is the sole stockholder of the general partner of the Operating Partnership. LTIP Units have full parity with the common limited partnership units (the "Common Units") for all purposes and may be converted into an equal number of Common Units on a one-for-one basis at any time. Upon notice of redemption, Common Units are redeemable for cash based on the fair market value of an equivalent number of shares of the Issuer's common stock, or, at the election of the Issuer, for an equal number of shares the Issuer's common stock.
- [F5]LTIP Units are convertible into common stock of the Issuer on a one-for-one basis.
- [F6]LTIP Units vest one-quarter on January 12, 2009, and one-quarter on each December 31 of 2009, 2010 and 2011.
- [F7]Not applicable.
- [F8]Reporting Person also owns (i) 76,125 LTIP Units granted October 30, 2006 of which 25,375 LTIP Units are fully vested and 50,750 vest in equal installments on December 31, 2009 and December 31, 2010; and (ii) 13,146 LTIP Units granted January 25, 2008 of which one-half are fully vested and one-quarter vest on December 31, 2009 and one-quarter vest on December 31, 2010.
Documents
Issuer
Douglas Emmett Inc
CIK 0001364250
Entity typeother
Related Parties
1- filerCIK 0001378403
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 4:35 PM ET
- Size
- 9.8 KB