Darrell W. Crate - Jun 7, 2021 Form 4 Insider Report for Easterly Government Properties, Inc. (DEA)

Role
Chairman, Director
Signature
/s/ Alison M. Bernard, Attorney-in-fact for Darrell W. Crate
Stock symbol
DEA
Transactions as of
Jun 7, 2021
Transactions value $
-$64,500
Form type
4
Date filed
6/9/2021, 05:25 PM
Previous filing
May 27, 2021
Next filing
Jun 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DEA Common Stock Conversion of derivative security $0 +3K +83.31% $0.00 6.6K Jun 7, 2021 By Easterly Capital LLC F1
transaction DEA Common Stock Sale -$64.5K -3K -45.45% $21.50 3.6K Jun 7, 2021 By Easterly Capital LLC F2, F3
holding DEA Common Stock 7.43K Jun 7, 2021 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 -3K -0.45% $0.00 665K Jun 7, 2021 Common Stock 3K By Easterly Capital LLC F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3,000 common units of limited partnership interest ("Common Units") in Easterly Government Properties LP (the "Partnership"), of which the Issuer is the sole general partner, were redeemed for an equal number of shares of the Issuer's common stock, par value $0.01 per share ("Common Stock").
F2 The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person through Easterly Capital LLC, an entity controlled by the Reporting Person, on March 12, 2021.
F3 These shares were all sold at a price of $21.50 per share.
F4 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.