4//SEC Filing
Feinberg David T 4
Accession 0001364250-23-000086
CIK 0001364250other
Filed
Dec 28, 7:00 PM ET
Accepted
Dec 29, 7:34 PM ET
Size
6.8 KB
Accession
0001364250-23-000086
Insider Transaction Report
Form 4
Feinberg David T
Director
Transactions
- Award
Long Term Incentive Plan Units
2023-12-27+14,776→ 14,776 totalExercise: $0.00Exp: 2033-12-31→ Common Stock (14,776 underlying)
Footnotes (4)
- [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 and certain additional criteria based on achievement of a specified percentage increase in Gross Asset Values of the assets of the Operating Partnership, each LTIP Unit can be converted into one partnership common unit ("OP Unit") of the Operating Partnership on a one-for-one basis. 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 annual compensation for service as a director of Issuer.
- [F3]LTIP Units vest in one-quarter equal installments on January 1, 2024, April 1, 2024, July 1, 2024, and October 1, 2024.
- [F4]Derivative securities owned by the Reporting Person include the LTIP Units reported herein, an additional 11,902 LTIP Units previously granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan, and 72,394 OP Units.
Documents
Issuer
Douglas Emmett Inc
CIK 0001364250
Entity typeother
Related Parties
1- filerCIK 0001486426
Filing Metadata
- Form type
- 4
- Filed
- Dec 28, 7:00 PM ET
- Accepted
- Dec 29, 7:34 PM ET
- Size
- 6.8 KB