Douglas Emmett Inc 4
4 · Douglas Emmett Inc · Filed Dec 24, 2014
Insider Transaction Report
Form 4
ANDERSON CHRISTOPHER H
Director
Transactions
- Gift
Common Stock
2014-11-13−1,770→ 2,323,529 total - Gift
Common Stock
2014-11-12−11,505→ 2,325,299 total - Award
Long Term Incentive Plan Units
2014-12-22+2,961→ 2,961 totalExercise: $0.00From: 2015-03-31→ Common Stock (2,961 underlying) - Gift
Common Stock
2014-11-14−1,770→ 2,321,759 total
Footnotes (6)
- [F1]Gifts made by the C.H. Anderson Family Trust of February 7, 1996, of which the Reporting Person and his spouse are the trustees.
- [F2]Long Term Incentive Plan Units ("LTIP Units") granted for services as a director of Issuer pursuant to Issuer's 2006 Omnibus Stock Incentive Plan, as amended.
- [F3]Long Term Incentive Plan units ("LTIP Units") in Douglas Emmett Properties, LP, a DE limited partnership (the "Operating Partnership"). Issuer is the sole stockholder of the general partner of the Operating Partnership. LTIP Units have full parity with partnership common units (the "OP Units") for all purposes and subject to vesting, may be converted into an equal number of OP Units on a one-for-one basis. Upon the occurrence of certain events, LTIP Units and OP Units are redeemable, without consideration, for an equivalent number of shares of Issuer's common stock or for the cash value of such shares, at Issuer's election.
- [F4]LTIP Units will vest quarterly on March 31, 2015, June 30, 2015, September 30, 2015 and December 31, 2015.
- [F5]Not applicable.
- [F6]Reporting Person also owns 9,830 LTIP Units.