4//SEC Filing
Baivier Meghan G. 4
Accession 0001209191-23-001809
CIK 0001622194other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 4:14 PM ET
Size
9.2 KB
Accession
0001209191-23-001809
Insider Transaction Report
Form 4
Baivier Meghan G.
EVP & COO
Transactions
- Award
LTIP Units
2023-01-03+30,708→ 30,708 total→ Common Stock (30,708 underlying) - Award
LTIP Units
2023-01-03+5,147→ 5,147 total→ Common Stock (5,147 underlying)
Footnotes (3)
- [F1]Represents LTIP Units in Easterly Government Properties LP (the "Operating Partnership"), of which the Issuer is the general partner, granted pursuant to the Issuer's 2015 Equity Incentive Plan, as amended (the "Plan"). The LTIP Units, and the common units of limited partnership interest in the Operating Partnership (each, a "Common Unit") into which such LTIP Units may be converted, will vest on December 31, 2025 in accordance with the terms of the award and subject to the reporting person's continued employment.
- [F2]Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a Common Unit. Each Common Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested LTIP Units into Common Units and redeem Common Units do not have expiration dates.
- [F3]Represents the maximum number of LTIP Units in the Operating Partnership granted as long-term incentive compensation pursuant to the Plan that may be earned based on the Issuer's performance through December 31, 2025. Subject to the reporting person's continued employment, earned LTIP Units will vest when earned following the end of the performance period.
Documents
Issuer
Easterly Government Properties, Inc.
CIK 0001622194
Entity typeother
Related Parties
1- filerCIK 0001642739
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 4:14 PM ET
- Size
- 9.2 KB