0001364250-23-000088.txt : 20231229
0001364250-23-000088.hdr.sgml : 20231229
20231229193511
ACCESSION NUMBER: 0001364250-23-000088
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231227
FILED AS OF DATE: 20231229
DATE AS OF CHANGE: 20231229
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MCFERRAN VIRGINIA
CENTRAL INDEX KEY: 0001643809
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33106
FILM NUMBER: 231529133
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]
ORGANIZATION NAME: 05 Real Estate & Construction
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
wk-form4_1703896498.xml
FORM 4
X0508
4
2023-12-27
0
0001364250
Douglas Emmett Inc
DEI
0001643809
MCFERRAN VIRGINIA
1299 OCEAN AVENUE
SUITE 1000
SANTA MONICA
CA
90401
1
0
0
0
0
Long Term Incentive Plan Units
0
2023-12-27
4
A
0
15783
0
A
2033-12-31
Common Stock
15783
15783
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 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.
LTIP Units granted as part of Reporting Person's annual compensation for service as a director of Issuer.
LTIP Units vest in one-quarter equal installments on January 1, 2024, April 1, 2024, July 1, 2024, and October 1, 2024.
Derivative securities owned by the Reporting Person include the LTIP Units reported herein, an additional 12,829 LTIP Units previously granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan, and 46,567 OP Units.
/s/ Peter Seymour, Attorney-in-Fact for Virginia McFerran
2023-12-29