0001209191-17-049753.txt : 20170821
0001209191-17-049753.hdr.sgml : 20170821
20170821181438
ACCESSION NUMBER: 0001209191-17-049753
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170705
FILED AS OF DATE: 20170821
DATE AS OF CHANGE: 20170821
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: 171043873
MAIL ADDRESS:
STREET 1: DOUGLAS EMMETT INC.
STREET 2: 808 WILSHIRE BOULEVARD, SUITE 200
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: 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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-07-05
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
2017-07-05
5
G
0
E
44127
0.00
D
1542625
I
See footnote 5.
Common Stock
2017-08-17
4
S
0
100000
37.9641
D
1442625
I
See footnote 5.
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 common stock ("Common Stock") of Issuer 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 $37.845 to $38.14 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 transactions reported herein, Reporting Person continues to beneficially own 4,976,340 Common Stock equivalents, including Common Stock of Issuer, partnership common units ("OP Units") and long term incentive plan units ("LTIP Units") of Douglas Emmett Properties, LP (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 and may be exchanged without consideration by the holder for an equivalent number of Shares or for the cash value of such Shares, at Issuer's option. Issuer is the sole stockholder of the general partner of the Operating Partnership.
Reporting Person may be deemed to beneficially own (A) Common Stock including (i) an aggregate of 1,442,625 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; and (B) derivative securities including (i) 810,126 OP Units held by the Children's Trusts and a trust f/b/o the 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 Common Stock held by the Children's Trusts and OP Units held by the Family Trusts, except to the extent of his pecuniary interest, if any, therein.
/s/ Dan A. Emmett
2017-08-17