Feinberg David T. - 27 Dec 2023 Form 4 Insider Report for Douglas Emmett Inc (DEI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
29 Dec 2023, 19:34:45 UTC
Prior SEC filing
03 Oct 2023
Next SEC filing
03 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Peter Seymour, Attorney-in-Fact for David T. Feinberg

Key filing fact

Feinberg David T. filed Form 4 for Douglas Emmett Inc (DEI) on 29 Dec 2023.

Key facts

  • This page summarizes Feinberg David T.'s Form 4 filing for Douglas Emmett Inc (DEI).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 29 Dec 2023, 19:34.

Change

  • Previous filing in this sequence was filed on 03 Oct 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.

DEI transaction Derivative

Long Term Incentive Plan Units

Award

Transaction value
$0
Shares
+14,776
Change %
Price
$0.000000
Shares after
14,776
Date
27 Dec 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
14,776
Exercise price
$0.000000
Footnotes
F1, F2, F3, F4
* 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

Long term incentive plan units ("LTIP Units") in Douglas Emmett Properties, LP, a DE limited partnership (the "Operating Partnership") granted pursuant to the 2016 Omnibus Stock Incentive Plan of Douglas Emmett, Inc. ("Issuer"). Issuer is the sole stockholder of the general partner of the Operating Partnership. Upon vesting and certain additional criteria based on achievement of a specified percentage increase in Gross Asset Values of the assets of the Operating Partnership, each LTIP Unit can be converted into one partnership common unit ("OP Unit") of the Operating Partnership on a one-for-one basis. LTIP Units not converted into OP Units within 10 years of the grant date will be forfeited. Upon the occurrence of certain events, OP Units are redeemable by the holder, without consideration, for an equivalent number of shares of Issuer's common stock or for the cash value of such shares, at Issuer's election.

Footnote F2

LTIP Units granted as part of Reporting Person's annual compensation for service as a director of Issuer.

Footnote F3

LTIP Units vest in one-quarter equal installments on January 1, 2024, April 1, 2024, July 1, 2024, and October 1, 2024.

Footnote F4

Derivative securities owned by the Reporting Person include the LTIP Units reported herein, an additional 11,902 LTIP Units previously granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan, and 72,394 OP Units.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .