X0306 4 2016-05-11 1 0001622194 Easterly Government Properties, Inc. DEA 0001634542 USGP II INVESTOR, LP 138 CONANT STREET BEVERLY MA 01915 0 0 1 0 Common Stock 2016-05-11 4 J 0 9038206 0.00 D 0 I U.S. Government Properties Income & Growth Fund II, LP Common Stock 2016-05-11 4 J 0 563066 0.00 D 0 I USGP II (Parallel) Fund, LP Partnership Units 2016-05-11 4 J 0 941356 0.00 D Common Stock 941356 0 I USGP II (Parallel) Fund, LP On May 11, 2016, USGP II Investor, LP and its constituent funds completed a partial liquidation. The liquidation resulted in USGP II Investor, LP distributing 9,601,272 shares of common stock of the issuer and 941,356 common units of limited partnership interest ("Partnership Units") in Easterly Government Properties LP (the "Operating Partnership") to its constituent funds. The constituent funds then distributed 9,573,067 shares of common stock of the issuer and 935,998 Partnership Units to their indirect beneficial owners. The liquidation and distribution were completed in accordance with the organizational documents of USGP II Investor, LP and its constituent funds and no amounts were paid in connection with the distributions of these common shares and Partnership Units. On December 23, 2015, shares of common stock of the Issuer and Partnership Units were transferred to affiliates of USGP II Investor, LP representing a change in form of beneficial ownership. Represents Partnership Units of the Operating Partnership. Each Partnership Unit is redeemable for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Issuer may, at its election, acquire each Partnership Unit so presented for one share of common stock. These redemption rights have no expiration date. USGP II Investor, LP, By: USGP II GP, LLC, its Managing General Partner, /s/ Mark H. Rowe, Vice President 2016-05-13