Madhumita Moina Banerjee - Feb 15, 2023 Form 4 Insider Report for JBG SMITH Properties (JBGS)

Signature
/s/ Steven A. Museles, attorney-in-fact
Stock symbol
JBGS
Transactions as of
Feb 15, 2023
Transactions value $
$0
Form type
4
Date filed
2/17/2023, 03:13 PM
Previous filing
Jan 5, 2023
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBGS Common Shares Conversion of derivative security +41.8K 41.8K Feb 15, 2023 Direct F1

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 JBGS OP Units Conversion of derivative security +41.8K +64.57% 106K Feb 15, 2023 Common Shares 41.8K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Operating Partnership Unit ("OP Unit") in JBG SMITH Properties LP, the operating partnership of JBG SMITH Properties (the "Issuer"), is redeemable, once vested, by the holder for one common share of the Issuer, par value $0.01 (a "Common Share"), or the cash value of a Common Share, at the Issuer's option. This transaction represents solely a redemption of OP Units for Common Shares. No sale or monetization of securities has occurred.