Filing Details
- Accession Number:
- 0001181431-14-013849
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-03-24 19:48:33
- Reporting Period:
- 2014-03-20
- Filing Date:
- 2014-03-24
- Accepted Time:
- 2014-03-24 19:48:33
- 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 | 2014-03-20 | 33,990 | $26.71 | 3,164,267 | No | 4 | S | Indirect | See footnote 8. |
Common Stock | Disposition | 2014-03-20 | 13,596 | $26.71 | 3,150,671 | No | 4 | S | Indirect | See footnote 8. |
Common Stock | Disposition | 2014-03-21 | 56,264 | $27.10 | 3,094,407 | No | 4 | S | Indirect | See footnote 8. |
Common Stock | Disposition | 2014-03-21 | 22,506 | $27.10 | 3,071,901 | No | 4 | S | Indirect | See footnote 8. |
Common Stock | Disposition | 2014-03-24 | 9,746 | $26.84 | 3,062,155 | No | 4 | S | Indirect | See footnote 8. |
Common Stock | Disposition | 2014-03-24 | 3,898 | $26.84 | 3,058,257 | No | 4 | S | Indirect | See footnote 8. |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See footnote 8. |
No | 4 | S | Indirect | See footnote 8. |
No | 4 | S | Indirect | See footnote 8. |
No | 4 | S | Indirect | See footnote 8. |
No | 4 | S | Indirect | See footnote 8. |
No | 4 | S | Indirect | See footnote 8. |
Footnotes
- 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 18, 2012.
- Shares of common stock of Issuer (the "Shares") sold by the Dan A. Emmett Revocable Living Trust (the "Trust"). Represents the aggregate of sales effected on the same day at different prices.
- Represents the weighted average sales price. The Shares were sold at prices ranging from $26.4650 to $26.87 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.
- Shares sold by Rivermouth Partners, a California limited partnership ("Rivermouth"). The Trust is the general partner of Rivermouth and the Reporting Person is the chief executive officer and president of the general partner of Rivermouth. Represents the aggregate of sales effected on the same day at different prices.
- Represents the weighted average sales price. The Shares were sold at prices ranging from $26.89 to $27.23 per share. Full information regarding the number of Shares sold at each price shall be provided to the Staff, Issuer, or a security holder of Issuer, upon request.
- Represents the weighted average sales price. The Shares were sold at prices ranging from $26.69 to $27.25 per share. Full information regarding the number of Shares sold at each price shall be provided to the Staff, Issuer, or a security holder of Issuer, upon request.
- Following the sales reported herein, Reporting Person continued to beneficially own 11,591,488 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.
- Ownership: 2,397,507 Shares owned by the Trust; 120,000 Shares owned by Rivermouth and disclaimed by the Reporting Person except to the extent of his pecuniary interest therein; 468,750 Shares owned by the Emmett Foundation, a CA charitable organization, 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: 8,524,965 OP Units of which Reporting Person disclaims, except to the extent of his pecuniary interest therein, 1,177,288 OP Units held by Rivermouth, and 810,126 OP Units held by trusts for his spouse and children; 8,266 LTIP Units some of which are subject to vesting, and 274,355 vested stock options (right to buy). See footnote 7 regarding characteristics of OP Units and LTIP Units.