0001104659-24-072264.txt : 20240617 0001104659-24-072264.hdr.sgml : 20240617 20240617161011 ACCESSION NUMBER: 0001104659-24-072264 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240617 FILED AS OF DATE: 20240617 DATE AS OF CHANGE: 20240617 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Regan-Levine Evan CENTRAL INDEX KEY: 0002012105 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37994 FILM NUMBER: 241048276 MAIL ADDRESS: STREET 1: C/O JBG SMITH PROPERTIES STREET 2: 4747 BETHESDA AVENUE, SUITE 200 CITY: BETHESDA STATE: MD ZIP: 20814 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: JBG SMITH Properties CENTRAL INDEX KEY: 0001689796 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 814307010 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4747 BETHESDA AVENUE STREET 2: SUITE 200 CITY: BETHESDA STATE: MD ZIP: 20814 BUSINESS PHONE: 240-333-3600 MAIL ADDRESS: STREET 1: 4747 BETHESDA AVENUE STREET 2: SUITE 200 CITY: BETHESDA STATE: MD ZIP: 20814 FORMER COMPANY: FORMER CONFORMED NAME: Vornado DC Spinco DATE OF NAME CHANGE: 20161109 4 1 tm2417414-1_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2024-06-17 0 0001689796 JBG SMITH Properties JBGS 0002012105 Regan-Levine Evan C/O JBG SMITH PROPERTIES 4747 BETHESDA AVENUE, SUITE 200 BETHESDA MD 20814 0 1 0 0 Chief Strategy Officer 0 Common Shares 2024-06-17 4 C 0 7525 A 7525 D LTIP Units 2024-06-17 4 C 0 7525 D Common Shares 7525 115343 D OP Units 2024-06-17 4 C 0 7525 A Common Shares 7525 8109 D OP Units 2024-06-17 4 C 0 7525 D Common Shares 7525 584 D The reported transactions represent solely a conversion of limited partnership units in JBG SMITH Properties LP (the "OP"), the operating partnership of JBG SMITH Properties (the "Issuer"), designated as LTIP Units ("LTIP Units") into Operating Partnership Units ("OP Units") in the OP, and an exchange of OP Units into common shares of the Issuer, par value $0.01 ("Common Shares"). No sale or monetization of securities has occurred. Each OP Unit is redeemable, once vested, by the holder for one Common Share, or the cash value of a Common Share, at the Issuer's option. Limited partnership units in the OP designated as LTIP Units are a class of units in the OP that, if vested, are convertible at the option of the holder, conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into an equal number of OP Units. The total number of LTIP Units has been revised to reflect that 21,023 LTIP Units, originally granted on January 2, 2024 and conditioned on the closing of the sale of land owned for the development of a sports and entertainment complex in Virginia, have been cancelled for no value by mutual agreement. /s/ Steven A. Museles, attorney-in-fact 2024-06-17