Michael J. Glosserman - 30 Jun 2023 Form 4 Insider Report for JBG SMITH Properties (JBGS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
30 Jun 2023, 16:06:33 UTC
Prior SEC filing
05 May 2023
Next SEC filing
01 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Steven A. Museles, attorney-in-fact
Filing notes and source

Key filing fact

Michael J. Glosserman filed Form 4 for JBG SMITH Properties (JBGS) on 30 Jun 2023.

Key facts

  • This page summarizes Michael J. Glosserman's Form 4 filing for JBG SMITH Properties (JBGS).
  • 2 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 30 Jun 2023, 16:06.

Change

  • Previous filing in this sequence was filed on 05 May 2023.
  • 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.

JBGS transaction Derivative

OP Units

Gift

Transaction value
Shares
-14,118
Change %
-100%
Price
Shares after
0
Date
30 Jun 2023
Ownership
Direct
Underlying class
Common Shares
Underlying amount
14,118
Exercise price
Footnotes
F1, F2, F3
JBGS transaction Derivative

OP Units

Gift

Transaction value
Shares
+14,118
Change %
+3.5%
Price
Shares after
418,189
Date
30 Jun 2023
Ownership
Michael J. Glosserman Revocable Trust
Underlying class
Common Shares
Underlying amount
14,118
Exercise price
Footnotes
F1, F2, F3, F4
JBGS holding Derivative

OP Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
67,000
Date
30 Jun 2023
Ownership
GRAT
Underlying class
Common Shares
Underlying amount
67,000
Exercise price
Footnotes
F1
* 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

Each Operating Partnership Unit ("OP Unit") in JBG SMITH Properties LP, the operating partnership of JBG SMITH Properties (the "Issuer"), is redeemable 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.

Footnote F2

This transaction involved a gift of OP Units by Mr. Glosserman to the Michael J. Glosserman Revocable Trust.

Footnote F3

The reporting person received these 14,118 OP Units on June 30, 2023 as a pro rata distribution from JBG Properties, Inc. of which the reporting person is a stockholder. Prior to the distribution, the reporting person disclaimed beneficial ownership of the OP Units held by JBG Properties, Inc.

Footnote F4

Mr. Glosserman is the sole trustee and beneficiary of the Michael J. Glosserman Revocable Trust.

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