Filing Details
- Accession Number:
- 0001181431-14-037228
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-11-24 19:37:13
- Reporting Period:
- 2014-11-20
- Filing Date:
- 2014-11-24
- Accepted Time:
- 2014-11-24 19:37:13
- 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 | 2014-11-20 | 91,929 | $26.87 | 2,756,128 | No | 4 | S | Indirect | See footnotes 6 and 7. |
Common Stock | Disposition | 2014-11-20 | 36,771 | $26.87 | 2,719,357 | No | 4 | S | Indirect | See footnotes 6 and 7. |
Common Stock | Disposition | 2014-11-21 | 8,071 | $26.88 | 2,711,286 | No | 4 | S | Indirect | See footnotes 6 and 7. |
Common Stock | Disposition | 2014-11-21 | 3,229 | $26.88 | 2,708,057 | No | 4 | S | Indirect | See footnotes 6 and 7. |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See footnotes 6 and 7. |
No | 4 | S | Indirect | See footnotes 6 and 7. |
No | 4 | S | Indirect | See footnotes 6 and 7. |
No | 4 | S | Indirect | See footnotes 6 and 7. |
Footnotes
- The sales reported herein were effected pursuant to Rule 10b5-1 trading plans entered into by Reporting Person and Rivermouth Partners, a California limited partnership ("Rivermouth"), as of December 18, 2012.
- The aggregate of shares of common stock of Issuer (the "Shares") sold by the Dan A. Emmett Revocable Living Trust (the "Trust") on the same day at different prices.
- Represents the weighted average sales price. The Shares were sold at prices ranging from $26.77 to $27.185 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.
- The aggregate of Shares sold by by Rivermouth on the same day at different prices.
- Represents the weighted average sales price. The Shares were sold at prices ranging from $26.82 to $26.94 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 transactions reported herein, Reporting Person continued to beneficially own 10,401,288 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.
- Reporting Person's beneficial ownership of common stock includes (i) 2,127,307 Shares owned by the Trust; (ii) 468,750 Shares owned by the Emmett Foundation, a California charitable organization, disclaimed by Reporting Person; (iii) 40,000 Shares owned by Rivermouth, disclaimed by Reporting Person except to the extent of his pecuniary interest therein; and (iv) 72,000 Shares owned by certain trusts f/b/o Reporting Person's spouse and children of which the Reporting Person is a trustee and has voting and investment power but disclaims beneficial ownership. Derivative securities beneficially owned: (i) 7,684,965 OP Units of which Reporting Person disclaims, except to the extent of his pecuniary interest therein, 937,288 OP Units held by Rivermouth, and 810,126 OP Units held by trusts for his spouse and children; (ii) 8,266 LTIP Units some of which are subject to vesting; and (iii) 274,355 vested stock options (right to buy). See also footnote 6.