Filing Details

Accession Number:
0001181431-13-064593
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-12-26 19:42:09
Reporting Period:
2013-12-23
Filing Date:
2013-12-26
Accepted Time:
2013-12-26 19:42:09
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 No 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 Disposition 2013-12-23 14,000 $0.00 2,651,257 No 5 G Indirect See footnote 5.
Common Stock Disposition 2013-12-23 166,000 $0.00 2,485,257 No 5 G Indirect See footnote 5.
Common Stock Acquisiton 2013-12-23 166,000 $0.00 2,651,257 No 5 G Indirect See footnote 5.
Common Stock Disposition 2013-12-24 13,000 $23.87 2,638,257 No 4 S Indirect See footnote 5.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Indirect See footnote 5.
No 5 G Indirect See footnote 5.
No 5 G Indirect See footnote 5.
No 4 S Indirect See footnote 5.
Footnotes
  1. Gift to the Emmett Foundation, a California charitable organization (the "Foundation"), of which the Reporting Person has sole voting and dispositive power. Beneficial ownership of shares held by the Foundation is disclaimed by the Reporting Person.
  2. Shares sold by the Foundation. Reporting Person disclaims beneficial ownership of the Foundation's shares.
  3. Represents the weighted average sales price. The shares were sold at prices ranging from $23.96 to $23.845 per share. Full information regarding the number of shares sold at each price shall be provided to the Securities and Exchange Commission staff (the "Staff"), Issuer, or a security holder of Issuer, upon request.
  4. Following the transactions reported herein, Reporting Person continued to beneficially own 12,131,488 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.
  5. Ownership: 2,097,507 Shares owned by the Trust; 468,750 Shares owned by the Foundation and disclaimed by Reporting Person; 72,000 Shares owned by certain trusts f/b/o Reporting Person's children of which the Reporting Person is a trustee and has voting and investment power but disclaims beneficial ownership. Beneficial ownership of derivative securities: 9,479,384 OP Units of which Reporting Person disclaims, except to the extent of his pecuniary interest therein, 1,537,288 OP Units held by Rivermouth, and 810,126 OP Units held by trusts for his spouse and children; 13,847 LTIP Units some of which are subject to vesting, and 274,355 vested stock options (right to buy). See footnote 4 regarding characteristics of OP Units and LTIP Units.