4//SEC Filing
Burns John Stuart 4
Accession 0001209191-23-016272
CIK 0001622194other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 4:19 PM ET
Size
6.6 KB
Accession
0001209191-23-016272
Insider Transaction Report
Form 4
Burns John Stuart
EVP, Government Relations
Transactions
- Award
LTIP Units
2023-03-02+3,438→ 3,438 total→ Common Stock (3,438 underlying)
Footnotes (2)
- [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 March 2, 2026 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.
Documents
Issuer
Easterly Government Properties, Inc.
CIK 0001622194
Entity typeother
Related Parties
1- filerCIK 0001966731
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 4:19 PM ET
- Size
- 6.6 KB