0001209191-21-001820.txt : 20210106 0001209191-21-001820.hdr.sgml : 20210106 20210106115816 ACCESSION NUMBER: 0001209191-21-001820 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201230 FILED AS OF DATE: 20210106 DATE AS OF CHANGE: 20210106 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: 21509572 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 doc4.xml FORM 4 SUBMISSION X0306 4 2020-12-30 0 0001364250 Douglas Emmett Inc DEI 0001769943 SEYMOUR PETER 1299 OCEAN AVENUE SUITE 1000 SANTA MONICA CA 90401 0 1 0 0 CFO Long Term Incentive Plan Units 0.00 2020-12-30 4 A 0 36370 0.00 A 2020-12-31 2030-12-30 Common Stock 36370 36370 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, 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, 2020. The remaining 75% of LTIP Units vest in equal installments on December 31, 2021, 2022 and 2023. Derivative securities owned by the Reporting Person include the LTIP Units reported herein, an additional 70,595 LTIP Units previously granted pursuant to Issuer's 2016 Stock Incentive Plan, and 25,171 OP Units. Ben D. Orlanski by PA for Peter Seymour 2021-01-04