4//SEC Filing
Kamer William 4
Accession 0001181431-11-004576
CIK 0001364250other
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 7:18 PM ET
Size
6.5 KB
Accession
0001181431-11-004576
Insider Transaction Report
Form 4
Kamer William
Chief Financial Officer, Secy
Transactions
- Award
Long Term Incentive Plan Units
2011-01-18+42,463→ 42,463 total→ Common Stock (42,463 underlying)
Footnotes (4)
- [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 from vesting date.
- [F3]LTIP Units vest one-half on January 18, 2011, with the remainder vesting one-third on each December 31 of 2011, 2012 and 2013.
- [F4]Not applicable.
Documents
Issuer
Douglas Emmett Inc
CIK 0001364250
Entity typeother
Related Parties
1- filerCIK 0001378403
Filing Metadata
- Form type
- 4
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 7:18 PM ET
- Size
- 6.5 KB