-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PgJw9bvr9mRVf2zdDXVfGxaAkZYi75fusAEa8vNhR1OxyxjvYkxZmCEC3E4vLKRN 8yM5qIElTA8K796AehebGg== 0001364250-09-000009.txt : 20090218 0001364250-09-000009.hdr.sgml : 20090218 20090218151611 ACCESSION NUMBER: 0001364250-09-000009 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090218 DATE AS OF CHANGE: 20090218 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Kaplan Jordan L CENTRAL INDEX KEY: 0001378405 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: BUSINESS PHONE: 310-255-7700 MAIL ADDRESS: STREET 1: DOUGLAS EMMETT, INC STREET 2: 808 WILSHIRE BOULEVARD, SUITE 200 CITY: SANTA MONICA STATE: CA ZIP: 90401 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Douglas Emmett Inc CENTRAL INDEX KEY: 0001364250 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 203073047 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-82203 FILM NUMBER: 09618423 BUSINESS ADDRESS: STREET 1: 808 WILSHIRE BLVD., SUITE 200 CITY: SANTA MONICA STATE: CA ZIP: 90401 BUSINESS PHONE: 310-255-7700 MAIL ADDRESS: STREET 1: 808 WILSHIRE BLVD., SUITE 200 CITY: SANTA MONICA STATE: CA ZIP: 90401 SC 13D 1 form13d.htm JORDAN KAPLAN_02 17 09 form13d.htm
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549
 
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SCHEDULE 13D
[Rule 13d-101]
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
§ 240.13d-2(a)*
 
DOUGLAS EMMETT, INC.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
25960P 10 9
(CUSIP Number)
 
William Kamer, Secretary
808 Wilshire Boulevard
Suite 200
Santa Monica, CA 90401
Telephone:  310 255 7700
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-l(e), 240.13d-l(f) or 240.13d-l(g), check the following box. o
 
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.
 
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


 
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CUSIP NO. 25960P 10 9


1
Names of Reporting Persons
Jordan L. Kaplan
2
Check the Appropriate Box if a Member of a Group                          (see instructions)                             (a)  o
                                    (b) o
3
SEC Use Only
 
4
Source of Funds (see instructions)
OO
5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  o
 
6
Citizenship or Place of Organization
USA
Number of Shares Bene­ficially by Owned by Each Reporting
Person With
7
Sole Voting Power
11,419,358
8
Shared Voting Power
0
9
Sole Dispositive Power
11,419,358
10
Shared Dispositive Power
0
11
 
Aggregate Amount Beneficially Owned by Each Reporting Person
11,419,358
12
 
 
Check if the Aggregate Amount in Row (11) Excludes   o
Certain Shares (see instructions)
 
13
 
Percent of Class Represented by Amount in Row (11)
8.7%
14
 
Type of Reporting Person (see instructions)
IN
 


 
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CUSIP NO. 25960P 10 9

 
Item 1.                      Security and Issuer
 
This filing relates to the common stock, $0.01 par value (the "Common Stock") of Douglas Emmett, Inc., a Maryland corporation (the "Issuer") and Common Stock equivalents of the Issuer as described in Item 5.  The Issuer's principal executive office is located at 808 Wilshire Boulevard, Suite 200, Santa Monica, CA 90401.
 
Item 2.                      Identity and Background
 
(a) Jordan L. Kaplan (the "Reporting Person").
 
(b) The Reporting Person’s business address is 808 Wilshire Boulevard, Suite 200, Santa Monica, CA 90401.
 
(c) The Reporting Person is the Chief Executive Officer and President of the Issuer whose principal executive office is located at 808 Wilshire Boulevard, Suite 200, Santa Monica, CA 90401.
 
(d) During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
 
(e) During the last five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which the Reporting Person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
 
(f) The Reporting Person is a citizen of the United States.
 
Item 3.                      Source and Amount of Funds or Other Consideration
 
The recent acquisitions of securities by the Reporting Person have been as a result of grants to him as an employee under the Issuer’s 2006 Equity Incentive Plan, which have included both options to purchase the Issuer's common stock and Long Term Incentive Plan Units of Douglas Emmett Properties, LP, of which the Issuer is the general partner.
 
Item 4.                      Purpose of Transaction
 
The recent acquisitions of securities by the Reporting Person have been as a result of grants to him as an employee under the Issuer’s 2006 Equity Incentive Plan, which have included both options to purchase the Issuer's Common Stock and Long Term Incentive Plan Units of Douglas Emmett Properties, LP, of which the Issuer is the general partner.
 
The Reporting Person reserves the right, consistent with applicable law, to acquire (whether through open market purchases, block trades, private acquisitions, exercises of options, conversion of securities of Douglas Emmett Properties, LP or otherwise) and/or to dispose of securities of the Issuer, in each case in light of the Reporting Person’s continued evaluation of Issuer market conditions and other factors deemed relevant by the Reporting Person.

 
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CUSIP NO. 25960P 10 9


Item 5.                      Interest in Securities of the Issuer
(a) As of February 12, 2009, the Issuer had an aggregate of 121,976,841 shares of Common Stock outstanding.  The Reporting Person beneficially owns an aggregate of 11,419,358 shares ("Shares") constituting 8.7% of the outstanding Common Stock of the Issuer.  The Shares consist of (A) an aggregate of 2,773,568 shares of Common Stock of the Issuer; (B) an aggregate of 3,357,665 vested employee stock options ("Stock Options") which are exercisable within 60 days hereof; and (C) an aggregate of 5,288,125 limited partnership interests (“OP Units”) of Douglas Emmett Properties, LP of which the Issuer is the general partner and which are redeemable by the Reporting Person within 60 days hereof for an equivalent number of shares of Common Stock.
 
(b) The Reporting Person has sole voting and dispositive power with respect to all 11,419,358 Shares.
 
(c) Under the Issuer's 2006 Omnibus Incentive Plan, on January 12, 2009, the Reporting Person was granted 1,358,696 Stock Options exercisable at the rate of $11.42 per share of which 339,674 shares were vested immediately; and 109,458 LTIP Units which have no conversion or exercise price and of which 27,365 LTIP Units were vested immediately.  The LTIP Units are convertible into OP Units (and indirectly into Common Stock of the Issuer) on a one-for-one basis.  LTIP Units are subject to two year lock-out provisions and therefore, are not included in the aggregate number of Shares in this Schedule 13D or in the calculation of percent of class in Row 11 and Item 5(a) hereof.
 
Item 6.                      Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
 
Not applicable.
 
Item 7.                      Material to Be Filed as Exhibits
 
Not applicable.

 
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CUSIP NO. 25960P 10 9

 

SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
 
February 17, 2009
 
(Date)
   
 
/s/ JORDAN L KAPLAN
 
(Signature)
   
 
Jordan L. Kaplan, CEO and President
 
(Name and Title)
 
The original statement shall be signed by each person on whose behalf the statement is filed or his authorized  representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of the filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement: provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.
 
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)
 
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