0001104659-24-024894.txt : 20240216
0001104659-24-024894.hdr.sgml : 20240216
20240216160533
ACCESSION NUMBER: 0001104659-24-024894
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240215
FILED AS OF DATE: 20240216
DATE AS OF CHANGE: 20240216
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Banerjee Madhumita Moina
CENTRAL INDEX KEY: 0001763851
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37994
FILM NUMBER: 24648314
MAIL ADDRESS:
STREET 1: C/O JBG SMITH PROPERTIES
STREET 2: 4445 WILLARD AVENUE, SUITE 400
CITY: CHEVY CHASE
STATE: MD
ZIP: 20815
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: JBG SMITH Properties
CENTRAL INDEX KEY: 0001689796
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 814307010
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4747 BETHESDA AVENUE
STREET 2: SUITE 200
CITY: BETHESDA
STATE: MD
ZIP: 20814
BUSINESS PHONE: 240-333-3600
MAIL ADDRESS:
STREET 1: 4747 BETHESDA AVENUE
STREET 2: SUITE 200
CITY: BETHESDA
STATE: MD
ZIP: 20814
FORMER COMPANY:
FORMER CONFORMED NAME: Vornado DC Spinco
DATE OF NAME CHANGE: 20161109
4
1
tm246428-1_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-02-15
0
0001689796
JBG SMITH Properties
JBGS
0001763851
Banerjee Madhumita Moina
C/O JBG SMITH PROPERTIES
4747 BETHESDA AVENUE, SUITE 200
BETHESDA
MD
20814
0
1
0
0
Chief Financial Officer
0
Common Shares
2024-02-15
4
C
0
18901
A
18901
D
LTIP Units
2024-02-15
4
C
0
18901
D
Common Shares
18901
218226
D
OP Units
2024-02-15
4
C
0
18901
A
Common Shares
18901
167060
D
OP Units
2024-02-15
4
C
0
18901
D
Common Shares
18901
148159
D
The reported transactions represent solely a conversion of limited partnership units in JBG SMITH Properties LP (the "OP"), the operating partnership of JBG SMITH Properties (the "Issuer"), designated as LTIP Units ("LTIP Units") into Operating Partnership Units ("OP Units") in the OP, and an exchange of OP Units into common shares. No sale or monetization of securities has occurred.
Each OP Unit is redeemable, once vested, by the holder for one common share of the Issuer, par value $0.01 (a "Common Share"), or the cash value of a Common Share, at the Issuer's option.
Limited partnership units in the OP designated as LTIP Units ("LTIP Units") are a class of units in the OP that, if vested, are convertible at the option of the holder, conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into an equal number of OP Units.
The total number of LTIPs has been revised to reflect that certain LTIPs, originally granted in January 2021, were forfeited based on performance conditions set forth in the award agreement.
/s/ Steven A. Museles, attorney-in-fact
2024-02-16