AI assistant
Douglas Emmett Inc — Director's Dealing 2017
Feb 11, 2017
31340_dirs_2017-02-10_f582e649-d3c3-4070-8781-48ef39bf2a22.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Douglas Emmett Inc (DEI)
CIK: 0001364250
Period of Report: 2017-02-08
Reporting Person: Emmett Dan A (Director, Chairman of the Board)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-08 | Common Stock | M | 54348 | $11.42 | Acquired | 1755613 | Indirect |
| 2017-02-08 | Common Stock | M | 15773 | $15.05 | Acquired | 1771386 | Indirect |
| 2017-02-08 | Common Stock | F | 43583 | $38.68 | Disposed | 1727803 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-08 | Employee Stock Options (right to buy) | $11.42 | M | 54348 | Disposed | 2018-12-31 | Common Stock (54348) | Indirect |
| 2017-02-08 | Employee Stock Options (right to buy) | $15.05 | M | 15773 | Disposed | 2019-12-31 | Common Stock (15773) | Indirect |
Footnotes
F1: Shares beneficially owned include (i) an aggregate of 1,655,803 Shares owned by the Dan A. Emmett Revocable Trust and a community property trust with Reporting Person's spouse, and (ii) 72,000 Shares owned by certain trusts f/b/o Reporting Person's children of which Reporting Person is a trustee with voting and investment power but disclaims beneficial ownership.
F2: Employee stock options (right to buy) ("Options") granted pursuant to Issuer's 2006 Omnibus Stock Incentive Plan, as amended.
F3: Derivative securities beneficially owned include (i) 4,057,770 partnership common units ("OP Units") of Douglas Emmett Properties, Ltd, a DE limited partnership (the "Operating Partnership"), including 810,126 OP Units held by trusts f/b/o Reporting Person's spouse and children of which Reporting Person disclaims beneficial ownership, except to the extent of his pecuniary interest therein; (ii) 6,689 long term incentive plan units ("LTIP Units") granted pursuant to Issuer's 2006 Omnibus Stock Incentive Plan, as amended; and (iii) 3,256 LTIP Units granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan. Issuer is the sole stockholder of the general partner of the Operating Partnership.