0001209191-18-061892.txt : 20181210
0001209191-18-061892.hdr.sgml : 20181210
20181210211247
ACCESSION NUMBER: 0001209191-18-061892
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180316
FILED AS OF DATE: 20181210
DATE AS OF CHANGE: 20181210
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: 181227635
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: 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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-03-16
0
0001364250
Douglas Emmett Inc
DEI
0001378407
Emmett Dan A
1299 OCEAN AVENUE
SUITE 1000
SANTA MONICA
CA
90401
1
1
0
0
Chairman of the Board
Common Stock
2018-03-16
5
G
0
E
26344
0.00
D
1239683
I
See footnote 1.
Common Stock
2018-12-03
5
G
0
E
22396
0.00
D
1217287
I
See footnote 1.
Long Term Incentive Plan Units
0.00
2018-12-06
4
A
0
3360
0.00
A
2018-12-31
2028-12-06
Common Stock
3360
3360
D
Reporting Person may be deemed to beneficially own common stock ("Common Stock") of Issuer including (i) an aggregate of 1,217,287 shares of Common Stock owned by the Dan A. Emmett Revocable Living Trust and a community property trust, and (ii) 66,000 shares of Common Stock 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. Reporting Person disclaims beneficial ownership of Common Stock owned by the Children's Trusts, except to the extent of his pecuniary interest, if any, therein.
Long term incentive plan units ("LTIP Units") of Douglas Emmett Properties, LP (the "Operating Partnership") granted pursuant to the 2016 Omnibus Stock Incentive Plan of 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 partnership common units ("OP Units"). LTIP Units not converted into OP Units within 10 years of the grant date will be forfeited. Upon the occurrence of certain events, and, if applicable, only after a specified percentage increase in Gross Asset Values of the assets of the Operating Partnership, OP Units are redeemable and may be exchanged without consideration by the holder for an equivalent number of shares of Common Stock of Issuer or for the cash value of such shares, at Issuer's option.
LTIP Units vest 25% on December 31, 2018. The balance of the LTIP Units vests in equal installments on December 31, 2019, 2020 and 2021.
In addition to LTIP Units reported herein, Reporting Person's derivative securities include (i) 3,462,104 OP Units of which 810,126 OP Units are 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 and 3,043 LTIP Units granted respectively in 2016 and 2017 pursuant to 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
2018-12-10