Thomas E. O'Hern - 30 Dec 2021 Form 4 Insider Report for Douglas Emmett Inc (DEI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
04 Jan 2022, 20:06:04 UTC
Next SEC filing
14 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Peter Seymour, as Attorney-in-Fact for Thomas E. O'Hern

Key filing fact

Thomas E. O'Hern filed Form 4 for Douglas Emmett Inc (DEI) on 04 Jan 2022.

Key facts

  • This page summarizes Thomas E. O'Hern's Form 4 filing for Douglas Emmett Inc (DEI).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 04 Jan 2022, 20:06.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DEI transaction Derivative

Long Term Incentive Plan Units

Award

Transaction value
$0
Shares
+7,192
Change %
Price
$0.000000
Shares after
7,192
Date
30 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,192
Exercise price
$0.000000
Footnotes
F1, F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote F2

LTIP Units granted as part of Reporting Person's annual compensation for service as a director of Issuer.

Footnote F3

LTIP Units vest in one-quarter equal installments on January 1, 2022, April 1, 2022, July 1, 2022, and October 1, 2022.

Footnote F4

Derivative securities owned by the Reporting Person include the LTIP Units reported herein, an additional 9,737 fully vested LTIP Units previously granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan, and 56,981 OP Units.

SEC remarks

Exhibit List 24.1- Power of Attorney

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .