4//SEC Filing
WILSON WILLIAM III 4
Accession 0001181431-10-004104
CIK 0001364250other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 7:08 PM ET
Size
12.1 KB
Accession
0001181431-10-004104
Insider Transaction Report
Form 4
WILSON WILLIAM III
Director
Transactions
- Award
Long Term Incentive Plan Units
2010-01-19+9,967→ 9,967 total→ Common Stock (9,967 underlying) - Award
Long Term Incentive Plan Units
2010-01-19+4,984→ 4,984 total→ Common Stock (4,984 underlying)
Footnotes (7)
- [F1]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.
- [F2]LTIP Units are convertible into common stock of the Issuer on a one-for-one basis beginning two years after issuance.
- [F3]LTIP Units will vest one-quarter on each of March 31, 2010, June 30, 2010, September 30, 2010, and December 31, 2010.
- [F4]Not applicable.
- [F5]See Footnote 7.
- [F6]LTIP Units will vest one-third on each of December 31, 2010, December 31, 2011 and December 31, 2012.
- [F7]The Reporting Person also owns (i) 2,500 fully vested LTIP Units granted October 30, 2006; (ii) 325 fully vested LTIP Units granted January 1, 2007; (iii) 1,880 fully vested LTIP Units granted January 2, 2007; and (iv) 3,284 fully vested LTIP Units granted January 12, 2009.
Issuer
Douglas Emmett Inc
CIK 0001364250
Entity typeother
Related Parties
1- filerCIK 0001209136
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 7:08 PM ET
- Size
- 12.1 KB