SEC Form 4 · accession 0001209191-17-009797

Douglas Emmett Inc · DEI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman of the Board · Director

Period of report

Feb 8, 2017

Accepted (ET)

Feb 10, 2017 · 9:04 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001364250

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Feb 8, 2017	M	54,348	$11.42	A	1,755,613	I	See footnote 1.
Common Stock	Feb 8, 2017	M	15,773	$15.05	A	1,771,386	I	See footnote 1.
Common Stock^F1	Feb 8, 2017	F	43,583	$38.68	D	1,727,803	I	See footnote 1.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Options (right to buy)^F2	$11.42	Feb 8, 2017	M	54,348	D	Jan 12, 2009	Dec 31, 2018	Common Stock	54,348	0	I
Employee Stock Options (right to buy)^F2,F3	$15.05	Feb 8, 2017	M	15,773	D	Jan 19, 2010	Dec 31, 2019	Common Stock	15,773	0	I

F1Shares beneficially owned include (i) an aggregate of 1,655,803 Shares owned by the Dan A. Emmett Revocable Trust and a community property trust with Reporting Person's spouse, and (ii) 72,000 Shares owned by certain trusts f/b/o Reporting Person's children of which Reporting Person is a trustee with voting and investment power but disclaims beneficial ownership.
F2Employee stock options (right to buy) ("Options") granted pursuant to Issuer's 2006 Omnibus Stock Incentive Plan, as amended.
F3Derivative securities beneficially owned include (i) 4,057,770 partnership common units ("OP Units") of Douglas Emmett Properties, Ltd, a DE limited partnership (the "Operating Partnership"), including 810,126 OP Units held by trusts f/b/o Reporting Person's spouse and children of which Reporting Person disclaims beneficial ownership, except to the extent of his pecuniary interest therein; (ii) 6,689 long term incentive plan units ("LTIP Units") granted pursuant to Issuer's 2006 Omnibus Stock Incentive Plan, as amended; and (iii) 3,256 LTIP Units granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan. Issuer is the sole stockholder of the general partner of the Operating Partnership.