Dan A. Emmett - Jun 12, 2023 Form 4 Insider Report for Douglas Emmett Inc (DEI)

Role
Chairman of the Board, Director
Signature
/s/ Peter Seymour, Attorney-in-Fact for Dan A. Emmett
Stock symbol
DEI
Transactions as of
Jun 12, 2023
Transactions value $
$0
Form type
4
Date filed
6/12/2023, 06:26 PM
Previous filing
Dec 29, 2022
Next filing
Dec 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DEI Common Stock 816K Jun 12, 2023 Direct F3
holding DEI Common Stock 22K Jun 12, 2023 By TAE trust F3, F5
holding DEI Common Stock 22K Jun 12, 2023 By RMN trust F3, F5
holding DEI Common Stock 22K Jun 12, 2023 By MWE trust F3, F5

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 DEI Partnership Common Units Gift $0 +502K +18.81% $0.00 3.17M Jun 12, 2023 Common Stock 502K Direct F1, F2, F4
holding DEI Partnership Common Units 79.6K Jun 12, 2023 Common Stock 79.6K By TAE trust F1, F4, F5
holding DEI Partnership Common Units 79.6K Jun 12, 2023 Common Stock 79.6K By RMN trust F1, F4, F5
holding DEI Partnership Common Units 69.6K Jun 12, 2023 Common Stock 69.6K By MWE trust F1, F4, F5
holding DEI Partnership Common Units 39.6K Jun 12, 2023 Common Stock 39.6K By DEW trust F1, F4, F5
holding DEI Partnership Common Units 31.5K Jun 12, 2023 Common Stock 31.5K By Rivermouth Partners F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Partnership common units ("OP Units") of Douglas Emmett Properties, LP, a Delaware limited partnership (the "Operating Partnership"). Issuer is the sole stockholder of the general partner of the Operating Partnership. Each OP Unit has an economic interest equivalent to one share of the Issuer's common stock . Upon the occurrence of certain events, OP Units are redeemable and may be exchanged, without consideration, by the holder for an equivalent number of shares of common stock or for the cash value of such shares, at Issuer's option. OP Units do not have an expiration date.
F2 Represents the transfer of shares of common stock from indirect ownership through the spouse's trust to direct ownership through a revocable community property trust, for no consideration. There was no change in total shares of common stock directly and indirectly held.
F3 The Form 4 filed on January 4, 2022 (and certain prior Form 4s) reported all shares of common stock held indirectly, without breaking out the various owners. This Form 4 reflects the current breakout of direct and indirect ownership, including treatment of a revocable living trust as direct ownership.
F4 The Form 4 filed on November 25, 2019 (and certain prior Form 4s) reported all shares held directly, when it should have reported certain shares held indirectly, as indicated in footnotes 6 and 7 to the Form 4. This Form 4 reflects the correct breakout of direct and indirect holdings.
F5 The Reporting Person disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein. The trusts have been reported employing abbreviations.