Douglas Emmett Inc — Director's Dealing 2019

Jul 17, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Douglas Emmett Inc (DEI)
CIK: 0001364250
Period of Report: 2019-06-20

Reporting Person: Emmett Dan A (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-20	Common Stock	G	56309	$0.00	Disposed	1193561	Indirect

Footnotes

F1: Common stock beneficially owned includes (i) an aggregate of 1,127,561 shares of common stock ("Shares") of Issuer held by the Dan A. Emmett Revocable Trust (the "Emmett Trust"), and (ii) 66,000 Shares held by certain trusts f/b/o Reporting Person's children of which Reporting Person is a trustee with sole voting and dispositive power but disclaims beneficial ownership therein.

F2: Following the gifts reported herein, Reporting Person may be deemed to beneficially own 4,627,679 Common Stock equivalents, including Common Stock, partnership common units ("OP Units") and long term incentive plan units ("LTIPs") of Douglas Emmett Properties, LP (the "Operating Partnership"). Issuer is the sole stockholder of the general partner of the Operating Partnership. Upon vesting and certain additional criteria, LTIPs may be converted into OP Units. 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.