SEC Form 4 · accession 0000899243-17-008147
Easterly Government Properties, Inc. · DEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darrell W Crate
Officer — Chairman · Director
Period of report
Jul 30, 2015
Accepted (ET)
Mar 17, 2017 · 8:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001622194
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 30, 2015 | P | 2,000 | $15.67 | A | 2,000 | I | Daughter's UTMA Account |
| Common StockF1 | Jul 30, 2015 | P | 625 | $15.65 | A | 625 | I | Daughter's UTMA Account |
| Common StockF1 | Jul 30, 2015 | P | 2,000 | $15.65 | A | 2,000 | I | Son's UTMA Account |
| Common StockF1 | Jul 31, 2015 | P | 625 | $15.78 | A | 625 | I | Daughter's UTMA Account |
| Common StockF2,F1 | Mar 8, 2016 | P | 1,000 | $17.28 | A | 3,000 | I | Son's UTMA Account |
| Common StockF3 | Mar 15, 2017 | J | 35,560 | $0.00 | D | 45,000 | D | |
| Common Stock | holding | — | — | — | 10,893 | I | Easterly Holdings II LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Partnership UnitsF3,F4 | — | Mar 15, 2017 | J | 100,000 | D | — | — | Common Stock | 100,000 | 1,035,406 | I |
| Partnership UnitsF4 | — | holding | — | — | — | — | — | Common Stock | 18,210 | 18,210 | I |
Explanation of responses
- F1The reporting person disclaims beneficial ownership with respect to the shares of common stock, except to the extent of his pecuniary interest therein.
- F2Represents the weighted average purchase price per share. These shares were purchased in multiple transactions at prices ranging from $17.25 to $17.35 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
- F3The reporting person transferred 35,560 shares of common stock of the Issuer and 100,000 common units of limited partnership interest ("Partnership Units") in Easterly Government Properties LP (the "Operating Partnership") to a family member, whose ownership is not attributable to the reporting person.
- F4Represents Partnership Units of the Operating Partnership. Each Partnership Unit is redeemable for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Issuer may, at its election, acquire each Partnership Unit so presented for one share of common stock. These redemption rights have no expiration date.