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Douglas Emmett Inc — Director's Dealing 2011
Dec 6, 2011
31340_dirs_2011-12-05_259b7a79-b7ee-47a4-b572-1d3e06431ae0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Douglas Emmett Inc (DEI)
CIK: 0001364250
Period of Report: 2011-12-01
Reporting Person: ANDERSON CHRISTOPHER H (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-12-01 | Long Term Incentive Plan Units | $0 | A | 573 | Acquired | Common Stock (573) | Direct | |
| 2011-12-01 | Long Term Incentive Plan Units | $0 | A | 3132 | Acquired | Common Stock (3132) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Partnership Common Units | $0 | Common Stock (4388174) | 4388174 | Indirect |
Footnotes
F1: Long-term incentive plan units ("LTIP Units") in Douglas Emmett Properties, LP, a DE limited partnership (the "Operating Partnership"), granted pursuant to Issuer's 2006 Omnibus Stock Incentive Plan. The Issuer is the sole stockholder of the general partner of the Operating Partnership. LTIP Units have full parity with the common limited partnership units ("OP Units") of the Operating Partnership for all purposes and may be converted into an equal number of OP Units on a one-for-one basis. Upon notice of redemption, OP Units are redeemable for cash based on the fair market value of an equivalent number of shares of the Issuer's common stock, or, at the election of the Issuer, for an equal number of shares the Issuer's common stock.
F2: LTIP Units are convertible into common stock of the Issuer on a one-for-one basis beginning two years after issuance.
F3: The LTIP Units will vest in full on December 31, 2011.
F4: Not applicable.
F5: 337 LTIP Units vest on December 31, 2011, and 2,795 LTIP Units vest on December 31, 2012.
F6: OP Units in the Operating Partnership. The holder may provide a written notice of redemption of OP Units at any time at holder's option, in which case the OP Units are redeemed for either cash based on the fair market value of an equivalent number of shares of Issuer's common stock, or, at the election of Issuer, for an equal number of shares of Issuer's common stock.
F7: Held by C.H. Anderson Family Trust of February 7, 1996.