Douglas Emmett Inc — Director's Dealing 2022

Dec 30, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Douglas Emmett Inc (DEI)
CIK: 0001364250
Period of Report: 2022-12-27

Reporting Person: Bider Leslie E (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-27	Long Term Incentive Plan Units	$0	A	14697	Acquired	2032-12-31	Common Stock (14697)	Direct

Footnotes

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, each LTIP Unit can be converted into one partnership common unit ("OP Unit") of the Operating Partnership, which is ultimately exchangeable into common stock of Issuer, only, if applicable, after achievement of a specified percentage increase in Gross Asset Values of the assets of the Operating Partnership. LTIP Units not converted into OP Units within 10 years of the grant 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 granted as part of Reporting Person's annual compensation for service as a director of Issuer.

F3: The LTIP Units vest in one-quarter equal installments each on January 1, 2023, April 1, 2023, July 1, 2023, and October 1, 2023.

F4: Derivative securities owned by the Reporting Person include the LTIP Units reported herein, an additional 8,851 LTIP Units previously granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan, and 97,624 OP Units.