Darrell W. Crate - Feb 5, 2024 Form 4 Insider Report for Easterly Government Properties, Inc. (DEA)

Role
CEO, Director
Signature
/s/ Franklin V. Logan, Attorney-in-fact for Darrell W. Crate
Stock symbol
DEA
Transactions as of
Feb 5, 2024
Transactions value $
$0
Form type
4
Date filed
2/7/2024, 04:22 PM
Previous filing
Jan 23, 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 +500K $0.00 500K Feb 5, 2024 By Easterly Capital LLC F1
holding DEA Common Stock 161K Feb 5, 2024 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 -500K -100% $0.00* 0 Feb 5, 2024 Common Stock 500K By Easterly Capital LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 500,000 common units of limited partnership interest ("Common Units") in Easterly Government Properties LP 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.