0001209191-17-040907.txt : 20170619
0001209191-17-040907.hdr.sgml : 20170619
20170619175219
ACCESSION NUMBER: 0001209191-17-040907
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170615
FILED AS OF DATE: 20170619
DATE AS OF CHANGE: 20170619
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: 808 WILSHIRE BLVD., SUITE 200
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
BUSINESS PHONE: 310-255-7700
MAIL ADDRESS:
STREET 1: 808 WILSHIRE BLVD., SUITE 200
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Emmett Dan A
CENTRAL INDEX KEY: 0001378407
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33106
FILM NUMBER: 17919397
MAIL ADDRESS:
STREET 1: DOUGLAS EMMETT INC.
STREET 2: 808 WILSHIRE BOULEVARD, SUITE 200
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-06-15
0
0001364250
Douglas Emmett Inc
DEI
0001378407
Emmett Dan A
808 WILSHIRE BOULEVARD
SUITE 200
SANTA MONICA
CA
90401
1
1
0
0
Chairman of the Board
Common Stock
2017-06-15
4
S
0
75000
39.0361
D
1477752
I
See footnote 6.
Common Stock
2017-06-16
4
S
0
25000
38.7665
D
1452752
I
See footnote 6.
The sales reported herein were effected pursuant to a Rule 10b5-1 trading plan entered into by the Dan A. Emmett Revocable Trust (the "Emmett Trust") as of November 23, 2016.
The aggregate number of shares ("Shares") of Issuer's common stock ("Common Stock") sold by the Emmett Trust on the same day at different prices.
Represents the weighted average sales price. The Shares were sold at prices ranging from $38.92 to $39.25 per share. Full information regarding the number of Shares sold at each price shall be provided to the Securities and Exchange Commission Staff ("Staff"), Issuer or any security holder, upon request.
Represents the weighted average sales price. The Shares were sold at prices ranging from $38.72 to $38.94 per share. Full information regarding the number of Shares sold at each price shall be provided to the Staff, Issuer or any security holder, upon request.
Following the sales reported herein, Reporting Person continues to beneficially own 5,220,467 Common Stock equivalents, including Common Stock of Issuer, partnership common units ("OP Units") of Douglas Emmett Properties, LP (the "Operating Partnership"), of which Issuer is the sole stockholder of the general partner, and long term incentive plan units ("LTIP Units") of the Operating Partnership. Upon vesting and certain additional criteria, each LTIP Unit can be converted into one OP Unit. Upon the occurrence of certain events, OP Units are redeemable by the holder, without consideration, for an equivalent number of Shares or for the cash value of such Shares, at Issuer's option.
Shares beneficially owned include (i) an aggregate of 1,386,752 Shares owned by the Emmett Trust and (ii) 66,000 Shares owned by certain trusts f/b/o Reporting Person's children (the "Children's Trusts") of which Reporting Person is a trustee with voting and investment power but disclaims beneficial ownership except to the extent of his pecuniary interest, if any, therein. Derivative securities deemed beneficially owned include (i) 3,762,104 OP Units of which 810,126 OP Units are held by the Children's Trusts and a trust f/b/o Reporting Person's spouse (collectively, the "Family Trusts") of which Reporting Person is a trustee; (ii) 3,169 LTIP Units granted under Issuer's 2006 Omnibus Stock Incentive Plan, as amended, and (iii) 2,442 LTIP Units granted under Issuer's 2016 Omnibus Stock Incentive Plan. Reporting Person disclaims beneficial ownership of OP Units held by the Family Trusts, except to the extent of his pecuniary interest, if any, therein.
/s/ Dan A. Emmett
2017-06-19