0000895345-22-000881.txt : 20221229
0000895345-22-000881.hdr.sgml : 20221229
20221229183619
ACCESSION NUMBER: 0000895345-22-000881
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221227
FILED AS OF DATE: 20221229
DATE AS OF CHANGE: 20221229
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SEYMOUR PETER
CENTRAL INDEX KEY: 0001769943
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33106
FILM NUMBER: 221499845
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
form4.xml
X0306
4
2022-12-27
0001364250
Douglas Emmett Inc
DEI
0001769943
SEYMOUR PETER
1299 OCEAN AVENUE
SUITE 1000
SANTA MONICA
CA
90401
true
Chief Financial Officer
Long Term Incentive Plan Units
0
2022-12-27
4
A
0
125079
0
A
2022-12-31
2032-12-31
Common Stock
125079
125079
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 vest 25% on December 31, 2022. The remaining 75% of the LTIP Units vest in equal installments on December 31, 2023, 2024, and 2025.
Derivative securities owned by the Reporting Person include the LTIP Units reported herein, an additional 75,521 LTIP Units previously granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan, and 101,099 OP Units.
/s/ Peter Seymour
2022-12-29