Douglas Emmett Inc 4
4 · Douglas Emmett Inc · Filed Feb 10, 2017
Insider Transaction Report
Form 4
Kaplan Jordan L
DirectorChairman and CEO
Transactions
- Exercise/Conversion
Common Stock
2017-02-08$11.42/sh+1,358,696$15,516,308→ 4,115,391 total - Exercise/Conversion
Common Stock
2017-02-08$15.05/sh+525,763$7,912,733→ 4,641,154 total - Gift
Common Stock
2017-02-08−639,375→ 2,732,590 total - Exercise/Conversion
Employee Stock Options (right to buy)
2017-02-08−525,763→ 0 totalExercise: $15.05From: 2010-01-19Exp: 2019-12-31→ Common Stock (525,763 underlying) - Tax Payment
Common Stock
2017-02-08$38.68/sh−1,269,189$49,092,231→ 3,371,965 total - Exercise/Conversion
Employee Stock Options (right to buy)
2017-02-08−1,358,696→ 0 totalExercise: $11.42From: 2009-01-12Exp: 2018-12-31→ Common Stock (1,358,696 underlying)
Footnotes (2)
- [F1]Employee stock options (right to buy) ("Options") granted pursuant to Issuer's 2006 Omnibus Stock Incentive Plan, as amended.
- [F2]Reporting Person also owns (i) 7,228,100 partnership common units ("OP Units") of Douglas Emmett Partnership, LP, a Delaware limited partnership (the "Operating Partnership"); and (ii) an aggregate of 520,548 long term incentive plan units ("LTIP Units"), some of which are subject to vesting and other criteria. The LTIP Units were granted pursuant to Issuer's 2006 Omnibus Stock Incentive Plan, as amended, and Issuer's 2016 Omnibus Stock Incentive Plan. Upon the occurrence of certain events, OP Units and LTIP Units are redeemable and exchangeable, without consideration, by the holder for an equivalent number of shares of Issuer's common stock, or for the cash value of such shares, at Issuer's election. Issuer is the sole stockholder of the general partner of the Operating Partnership.