Michael P. Ibe - Nov 1, 2023 Form 4 Insider Report for Easterly Government Properties, Inc. (DEA)

Signature
/s/ Franklin V. Logan, Attorney-in-fact for Michael P. Ibe
Stock symbol
DEA
Transactions as of
Nov 1, 2023
Transactions value $
$0
Form type
4
Date filed
11/13/2023, 04:35 PM
Previous filing
Jan 19, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DEA Common Stock Conversion of derivative security $0 +70.8K $0.00 70.8K Nov 1, 2023 By Western Devcon, Inc. F1
transaction DEA Common Stock Conversion of derivative security $0 +5.7M $0.00 5.7M Nov 1, 2023 By West OP Holdings, LLC F1
holding DEA Common Stock 21K Nov 1, 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 -70.8K -100% $0.00* 0 Nov 1, 2023 Common Stock 70.8K By Western Devcon, Inc. F1, F2
transaction DEA Common Units Conversion of derivative security $0 -5.7M -100% $0.00* 0 Nov 1, 2023 Common Stock 5.7M 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.