Filing Details
- Accession Number:
- 0001181431-12-066933
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-12-21 20:39:22
- Reporting Period:
- 2012-12-19
- Filing Date:
- 2012-12-21
- Accepted Time:
- 2012-12-21 20:39:22
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1364250 | Douglas Emmett Inc | DEI | Real Estate Investment Trusts (6798) | 203073047 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1378407 | A Dan Emmett | 808 Wilshire Boulevard Suite 200 Santa Monica CA 90401 | Chairman Of The Board | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2012-12-19 | 480,000 | $0.00 | 3,377,257 | No | 4 | C | Indirect | See footnote 6. |
Common Stock | Disposition | 2012-12-20 | 40,000 | $23.31 | 3,337,257 | No | 4 | S | Indirect | See footnote 6. |
Common Stock | Disposition | 2012-12-20 | 100,000 | $23.31 | 0 | No | 4 | S | Indirect | See footnote 6. |
Common Stock | Disposition | 2012-12-21 | 109,000 | $0.00 | 3,215,257 | No | 5 | G | Indirect | See footnote 6. |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Indirect | See footnote 6. |
No | 4 | S | Indirect | See footnote 6. |
No | 4 | S | Indirect | See footnote 6. |
No | 5 | G | Indirect | See footnote 6. |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Partnership Common Units | Disposition | 2012-12-19 | 480,000 | $0.00 | 480,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
10,686,475 | No | 4 | C | Direct |
Footnotes
- Common stock acquired upon redemption of Partnership Common Units ("OP Units') of Douglas Emmett Properties, LP, a Delaware limited partnership (the "Operating Partnership"). Issuer is the sole stockholder of the general partner of the Operating Partnership.
- The sales reported herein were effected pursuant to Rule 10b5-1 trading plans entered into by Reporting Person and an entity affiliated with Reporting Person as of December 8, 2011.
- Shares sold by Rivermouth Partners, LP, a California limited partnership ("Rivermouth"), of which Rivermouth Management, LLC (the "Rivermouth LLC") is the general partner. Mr. Emmett is the chief executive officer and president of Rivermouth LLC.
- Shares of Issuer's common stock ("Shares") sold by the Trust.
- Following the transactions reported herein, subject to the ownership disclaimer in Footnote 6, the Reporting Person continues to beneficially own 13,910,754 common stock equivalents, including common stock, partnership common units ("OP Units") of Douglas Emmett Properties, LP, and long term incentive plan units ("LTIP Units"). Upon the occurrence of certain events, OP Units and LTIP Units are redeemable, without consideration, by the holder for an equivalent number of Shares, or for the cash value of such Shares, at Issuer's election.
- Ownership: 2,347,507 Shares held by the Trust; 315,750 Shares held by the Emmett Foundation, a CA charitable organization, and disclaimed by Reporting Person; 480,000 Shares held by Rivermouth but disclaimed by Reporting Person except to the extent of his pecuniary interest therein; 72,000 Shares held by trusts f/b/o Reporting Person's children of which Reporting Person has voting and investment power but disclaims beneficial ownership. Beneficial ownership of derivative securities: 10,686,475 OP Units of which Reporting Person disclaims, except to the extent of his pecuniary interest, 1,537,288 OP Units held by Rivermouth and 810,126 OP Units held by trusts for his spouse & children; 9,022 LTIP Units some of which are subject to vesting; 271,726 vested stock options. Upon the occurrence of certain events, OP Units and LTIP Units are redeemable, without consideration, by holder for an equivalent number of Shares or the cash value of such Shares, at Issuer's election.
- OP Units redeemed by and converted into common stock of Issuer. Upon the occurrence of certain events, OP Units are redeemable, without consideration, for an equivalent number of shares of Issuer's common stock or for the cash value of such shares, at Issuer's election.
- Not applicable.
- See also footnote 6.