SEC Form 4 · accession 0001104659-19-000798
JBG SMITH Properties · JBGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Peter Paul
Officer — Pres. & Chief Operating Off.
Period of report
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 4:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001689796
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Jan 2, 2019 | C | 29,619 | — | A | 29,619 | I | By DP Fund Holdings, L.L.C. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OP UnitsF1 | — | Jan 2, 2019 | C | 29,619 | D | — | — | Common Shares | 29,619 | 0 | I |
| OP UnitsF1,F2 | — | holding | — | — | — | — | — | Common Shares | 477,610 | 477,610 | D |
Explanation of responses
- F1Each Operating Partnership Unit ("OP Unit") in JBG SMITH Properties LP, the operating partnership of JBG SMITH Properties (the "Issuer"), is redeemable by the holder for one common share of the Issuer, par value $0.01 (a "Common Share"), or the cash value of a Common Share, at the Issuer's option.
- F2227,099 of these OP Units are scheduled to vest in equal monthly installments, beginning on February 1, 2020 and ending on July 1, 2022, subject to the reporting person's continued employment through each vesting date.