0000895345-22-000889.txt : 20221229 0000895345-22-000889.hdr.sgml : 20221229 20221229185003 ACCESSION NUMBER: 0000895345-22-000889 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: Wang Shirley CENTRAL INDEX KEY: 0001921660 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33106 FILM NUMBER: 221499866 MAIL ADDRESS: STREET 1: DOUGLAS EMMETT, INC. STREET 2: 1299 OCEAN AVENUE, 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 0001921660 Wang Shirley 1299 OCEAN AVENUE SUITE 1000 SANTA MONICA CA 90401 true Long Term Incentive Plan Units 0 2022-12-27 4 A 0 13759 0 A 2023-01-01 2032-12-31 Common Stock 13759 13759 D Long Term Incentive Plan Units 0 2022-12-27 4 A 0 10319 0 A 2022-12-31 2032-12-31 Common Stock 10319 10319 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, 2023, April 1, 2023, July 1, 2023, and October 1, 2023. 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 fully vest on December 31, 2022. /s/ Peter Seymour, Attorney-in-Fact for Shirley Wang 2022-12-29