4//SEC Filing
GISLER MONA 4
Accession 0001209191-18-061894
CIK 0001364250other
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 9:14 PM ET
Size
6.8 KB
Accession
0001209191-18-061894
Insider Transaction Report
Form 4
GISLER MONA
PAO
Transactions
- Award
Long Term Incentive Plan Units
2018-12-06+9,245→ 9,245 totalExercise: $0.00From: 2018-12-31Exp: 2028-12-06→ Common Stock (9,245 underlying)
Footnotes (3)
- [F1]Long term incentive plan units ("LTIP Units") in Douglas Emmett Properties, LP, a DE limited partnership (the "Operating Partnership") granted pursuant to the 2016 Omnibus Stock Incentive Plan of Douglas Emmett, Inc. ("Issuer"). Issuer is the sole stockholder of the general partner of the Operating Partnership. Upon vesting, each LTIP Unit can be converted into one partnership common unit ("OP Unit") of the Operating Partnership, which is ultimately exchangeable into common stock of Issuer, only, if applicable, after a specified percentage increase in Gross Asset Values of the assets of the Operating Partnership. LTIP Units not converted into OP Units within 10 years of the grant date will be forfeited. Upon the occurrence of certain events, OP Units are redeemable by the holder, 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.
- [F2]LTIP Units vest 35.90% on December 31, 2018. The balance of 64.10% of LTIP Units reported herein vest in equal installments on December 31, 2019, 2020 and 2021.
- [F3]In addition to LTIP Units reported herein, Reporting Person owns 5,469 LTIP Units and 6,815 LTIP Units granted respectively in 2016 and 2017 pursuant to Issuer's 2016 Omnibus Stock Incentive Plan, and 28,481 LTIP Units granted pursuant to Issuer's 2006 Omnibus Stock Incentive Plan, as amended. Reporting Person also owns 10,705 OP Units.
Documents
Issuer
Douglas Emmett Inc
CIK 0001364250
Entity typeother
Related Parties
1- filerCIK 0001642653
Filing Metadata
- Form type
- 4
- Filed
- Dec 9, 7:00 PM ET
- Accepted
- Dec 10, 9:14 PM ET
- Size
- 6.8 KB