4//SEC Filing
CRUMMY KEVIN ANDREW 4
Accession 0001615005-25-000004
CIK 0001364250other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 6:42 PM ET
Size
6.6 KB
Accession
0001615005-25-000004
Insider Transaction Report
Form 4
CRUMMY KEVIN ANDREW
Chief Investment Officer
Transactions
- Award
Long Term Incentive Plan Units
2025-12-15+124,251→ 124,251 totalExp: 2035-12-31→ Common Stock (124,251 underlying)
Footnotes (3)
- [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 by the expiration 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 vest in equal installments of 25% on December 31, 2025, 2026, 2027, and 2028.
- [F3]Derivative securities owned by the Reporting Person include the LTIP Units reported herein, an additional 328,954 LTIP Units previously granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan, and 591,881 OP Units.
Documents
Issuer
Douglas Emmett Inc
CIK 0001364250
Entity typeother
Related Parties
1- filerCIK 0001615005
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 6:42 PM ET
- Size
- 6.6 KB