Emmett Dan A 4
4 · Douglas Emmett Inc · Filed Jun 12, 2023
Insider Transaction Report
Form 4
Emmett Dan A
DirectorChairman of the Board10% Owner
Transactions
- Gift
Partnership Common Units
2023-06-12+501,746→ 3,168,830 total→ Common Stock (501,746 underlying)
Holdings
- 39,595(indirect: By Trust)
Partnership Common Units
→ Common Stock (39,595 underlying) - 22,000(indirect: By Trust)
Common Stock
- 22,000(indirect: By Trust)
Common Stock
- 79,595(indirect: By Trust)
Partnership Common Units
→ Common Stock (79,595 underlying) - 22,000(indirect: By Trust)
Common Stock
- 69,595(indirect: By Trust)
Partnership Common Units
→ Common Stock (69,595 underlying) - 816,446
Common Stock
- 79,595(indirect: By Trust)
Partnership Common Units
→ Common Stock (79,595 underlying) - 31,517(indirect: By Rivermouth Partners)
Partnership Common Units
→ Common Stock (31,517 underlying)
Footnotes (5)
- [F1]Partnership common units ("OP Units") of Douglas Emmett Properties, LP, a Delaware limited partnership (the "Operating Partnership"). Issuer is the sole stockholder of the general partner of the Operating Partnership. Each OP Unit has an economic interest equivalent to one share of the Issuer's common stock . Upon the occurrence of certain events, OP Units are redeemable and may be exchanged, without consideration, by the holder for an equivalent number of shares of common stock or for the cash value of such shares, at Issuer's option. OP Units do not have an expiration date.
- [F2]Represents the transfer of shares of common stock from indirect ownership through the spouse's trust to direct ownership through a revocable community property trust, for no consideration. There was no change in total shares of common stock directly and indirectly held.
- [F3]The Form 4 filed on January 4, 2022 (and certain prior Form 4s) reported all shares of common stock held indirectly, without breaking out the various owners. This Form 4 reflects the current breakout of direct and indirect ownership, including treatment of a revocable living trust as direct ownership.
- [F4]The Form 4 filed on November 25, 2019 (and certain prior Form 4s) reported all shares held directly, when it should have reported certain shares held indirectly, as indicated in footnotes 6 and 7 to the Form 4. This Form 4 reflects the correct breakout of direct and indirect holdings.
- [F5]The Reporting Person disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein. The trusts have been reported employing abbreviations.