4//SEC Filing
Kamer William 4
Accession 0001181431-10-059701
CIK 0001364250other
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 8:13 PM ET
Size
9.9 KB
Accession
0001181431-10-059701
Insider Transaction Report
Form 4
Kamer William
Chief Financial Officer, Secy
Transactions
- Award
Long Term Incentive Plan Units
2010-12-02+94,843→ 94,843 total→ Common Stock (94,843 underlying)
Footnotes (5)
- [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 date of vesting.
- [F3]LTIP Units vest one-half on December 31, 2010 with the remainder vesting one-third on each December 31 of 2011, 2012 and 2013
- [F4]Not applicable.
- [F5]Reporting Person also owns (i) 25,375 LTIP Units granted October 30, 2006; (ii) 3,287 LTIP Units granted January 25, 2008; (iii) 12,040 LTIP Units granted January 12, 2009 and (iv) 24,364 LTIP Units granted January 19, 2010.
Issuer
Douglas Emmett Inc
CIK 0001364250
Entity typeother
Related Parties
1- filerCIK 0001378403
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 8:13 PM ET
- Size
- 9.9 KB