0000895345-22-000026.txt : 20220104 0000895345-22-000026.hdr.sgml : 20220104 20220104210305 ACCESSION NUMBER: 0000895345-22-000026 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211230 FILED AS OF DATE: 20220104 DATE AS OF CHANGE: 20220104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dominguez Dorene CENTRAL INDEX KEY: 0001394299 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33106 FILM NUMBER: 22508561 MAIL ADDRESS: STREET 1: C/O CIT GROUP INC, GENERAL COUNSEL STREET 2: 1 CIT DRIVE, #3251-9 CITY: LIVINGSTON STATE: NJ ZIP: 07039 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 form4.xml X0306 4 2021-12-30 0001364250 Douglas Emmett Inc DEI 0001394299 Dominguez Dorene 1299 OCEAN AVENUE SUITE 1000 SANTA MONICA CA 90401 true Long Term Incentive Plan Units 0 2021-12-30 4 A 0 6525 0 A 2022-01-01 2031-12-30 Common Stock 6525 6525 D Long Term Incentive Plan Units 0 2021-12-30 4 A 0 4894 0 A 2021-12-31 2031-12-30 Common Stock 4894 4894 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, each LTIP Unit can be converted into one partnership common unit ("OP Unit") of the Operating Partnership, which is ultimately exchangeable into common stock of Issuer, only, if applicable, 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 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, 2022, April 1, 2022, July 1, 2022, and October 1, 2022. Derivative securities owned by the Reporting Person include the two LTIP Unit grants reported herein pursuant to Issuer's 2016 Omnibus Stock Incentive Plan. LTIP Units granted as part of Reporting Person's compensation for her initial year of service as a director of Issuer. LTIP Units vested in full on December 31, 2021. /s/ Peter Seymour, Attorney-in-Fact for Dorene C. Dominguez 2022-01-04