SEC Form 4 · accession 0001209191-15-013752
Easterly Government Properties, Inc. · DEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael P. Ibe
Officer — EVP - Dev. and Acquisitions · Director
Period of report
Feb 11, 2015
Accepted (ET)
Feb 13, 2015 · 5:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001622194
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Partnership UnitsF1 | — | Feb 11, 2015 | J | 70,813 | A | May 11, 2016 | — | Common Stock | 70,813 | 70,813 | I |
| Partnership UnitsF1,F2 | — | Feb 11, 2015 | J | 5,689,006 | A | May 11, 2016 | — | Common Stock | 5,689,006 | 5,689,006 | I |
Explanation of responses
- F1Represents common units of limited partnership interest ("OP Units") in Easterly Government Properties LP (the "Operating Partnership"). Each OP Unit is redeemeable, beginning May 11, 2016, 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 OP Unit so presented for one share of common stock. These redemption rights have no expiration date.
- F2OP Units issued in the formation transactions in connection with the Issuer's initial public offering to entities wholly owned by the reporting person.