JBG SMITH Properties — Director's Dealing 2020

Mar 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JBG SMITH Properties (JBGS)
CIK: 0001689796
Period of Report: 2020-03-16

Reporting Person: Stewart Robert Alexander (Director, Executive Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-16	Common Shares	S	33627	$27.99	Disposed	152663	Direct
2020-03-16	Common Shares	S	32560	$29.06	Disposed	120103	Direct
2020-03-16	Common Shares	S	33813	$29.76	Disposed	86290	Direct

Footnotes

F1: Sale effected for tax and charitable giving purposes. The reporting person's charitable foundation subsequently acquired common shares of JBG SMITH Properties.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.54 to $28.53, inclusive. The reporting person undertakes to provide to JBG SMITH Properties, any security holder of JBG SMITH Properties, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

F3: Represents common shares of JBG SMITH Properties held directly by the reporting person, which were previously held indirectly by the reporting person through RS Fund Holdings I, L.L.C. and RS Fund Holdings II, L.L.C. and subsequently transferred to direct ownership by the reporting person.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.54 to $29.53, inclusive. The reporting person undertakes to provide to JBG SMITH Properties, any security holder of JBG SMITH Properties, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.54 to $30.34, inclusive. The reporting person undertakes to provide to JBG SMITH Properties, any security holder of JBG SMITH Properties, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (5) to this Form 4.