Michael P. Ibe - 01 Nov 2023 Form 4 Insider Report for Easterly Government Properties, Inc. (DEA)

Role
EVP - Dev & Acquisitions, Director
Signature
/s/ Franklin V. Logan, Attorney-in-fact for Michael P. Ibe
Issuer symbol
DEA
Transactions as of
01 Nov 2023
Net transactions value
$0
Form type
4
Filing time
13 Nov 2023, 16:35:37 UTC
Previous filing
19 Jan 2023
Next filing
04 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DEA Common Stock Conversion of derivative security $0 +70,813 $0.000000 70,813 01 Nov 2023 By Western Devcon, Inc. F1
transaction DEA Common Stock Conversion of derivative security $0 +5,701,506 $0.000000 5,701,506 01 Nov 2023 By West OP Holdings, LLC F1
holding DEA Common Stock 21,029 01 Nov 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DEA Common Units Conversion of derivative security $0 -70,813 -100% $0.000000* 0 01 Nov 2023 Common Stock 70,813 By Western Devcon, Inc. F1, F2
transaction DEA Common Units Conversion of derivative security $0 -5,701,506 -100% $0.000000* 0 01 Nov 2023 Common Stock 5,701,506 By West OP Holdings, LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common units of limited partnership interest ("Common Units") in Easterly Government Properties LP, of which the Issuer is the sole general partner, that were redeemed for an equal number of shares of the Issuer's common stock, par value $0.01 per share ("Common Stock").
F2 Each Common Unit may be presented for redemption, at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may elect to acquire each Common Unit so presented for one share of Common Stock. These redemption rights have no expiration date.