4//SEC Filing
Spisso Johnese 4
Accession 0001209191-19-062352
CIK 0001364250other
Filed
Dec 30, 7:00 PM ET
Accepted
Dec 31, 7:41 PM ET
Size
9.0 KB
Accession
0001209191-19-062352
Insider Transaction Report
Form 4
Spisso Johnese
Director
Transactions
- Award
Long Term Incentive Plan Units
2019-12-27+5,023→ 5,023 totalExercise: $0.00From: 2020-03-31Exp: 2029-12-27→ Common Stock (5,023 underlying) - Award
Long Term Incentive Plan Units
2019-12-27+1,675→ 1,675 totalExercise: $0.00From: 2019-12-31Exp: 2029-12-27→ Common Stock (1,675 underlying)
Footnotes (5)
- [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 achievement of 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 granted as part of Reporting Person's compensation for service as a director of Issuer during 2019. These LTIP Units are fully vested as of December 31, 2019.
- [F3]See footnote 1.
- [F4]LTIP Units granted as part of Reporting Person's annual compensation for service as a director of Issuer.
- [F5]These LTIP Units vest one-quarter in equal installments on March 31, 2020, June 30, 2020, September 30, 2020, and December 31, 2020.
Documents
Issuer
Douglas Emmett Inc
CIK 0001364250
Entity typeother
Related Parties
1- filerCIK 0001760632
Filing Metadata
- Form type
- 4
- Filed
- Dec 30, 7:00 PM ET
- Accepted
- Dec 31, 7:41 PM ET
- Size
- 9.0 KB