0001209191-21-000607.txt : 20210104
0001209191-21-000607.hdr.sgml : 20210104
20210104212556
ACCESSION NUMBER: 0001209191-21-000607
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201230
FILED AS OF DATE: 20210104
DATE AS OF CHANGE: 20210104
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SIMON WILLIAM E JR
CENTRAL INDEX KEY: 0001550560
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33106
FILM NUMBER: 21503734
MAIL ADDRESS:
STREET 1: 1299 OCEAN AVENUE
STREET 2: SUITE 1000
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
ISSUER:
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
BUSINESS ADDRESS:
STREET 1: 1299 OCEAN AVENUE, SUITE 1000
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
BUSINESS PHONE: 310-255-7700
MAIL ADDRESS:
STREET 1: 1299 OCEAN AVENUE, SUITE 1000
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-12-30
0
0001364250
Douglas Emmett Inc
DEI
0001550560
SIMON WILLIAM E JR
1299 OCEAN AVENUE
SUITE 1000
SANTA MONICA
CA
90401
1
0
0
0
Long Term Incentive Plan Units
0.00
2020-12-30
4
A
0
7621
0.00
A
2021-03-31
2030-12-30
Common Stock
7621
7621
D
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, each LTIP Unit can be converted into one OP Unit of the Operating Partnership, which is ultimately exchangeable into common stock of Issuer, and, if applicable, only after achievement of a specified percentage increase in Gross Asset Values of the assets of the Operating Partnership. 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 into which vested LTIP Units have been converted 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.
LTIP Units granted as part of Reporting Person's annual compensation for service as a director of Issuer.
LTIP Units vest one-quarter in equal installments on March 31, 2021, June 30, 2021, September 30, 2021, and December 31, 2021.
Derivative securities owned by the Reporting Person include the LTIP Units reported herein, an additional 6,602 fully vested LTIP Units previously granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan, and 44,252 OP Units.
/s/ Ben D. Orlanski by PA for William E. Simon Jr.
2021-01-04