Filing Details

Accession Number:
0001209191-16-128743
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-06-17 21:16:50
Reporting Period:
2016-06-16
Filing Date:
2016-06-17
Accepted Time:
2016-06-17 21:16:50
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 2016-06-16 80,964 $33.87 2,438,697 No 4 S Indirect See footnote 7.
Common Stock Disposition 2016-06-16 32,386 $33.87 2,460,311 No 4 S Indirect See footnote 7.
Common Stock Disposition 2016-06-17 19,036 $33.77 2,387,275 No 4 S Indirect See footnote 7.
Common Stock Disposition 2016-06-17 7,614 $33.77 2,379,661 No 4 S Indirect See footnote 7.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote 7.
No 4 S Indirect See footnote 7.
No 4 S Indirect See footnote 7.
No 4 S Indirect See footnote 7.
Footnotes
  1. The sales reported herein were effected pursuant to Rule 10b5-1 trading plans entered into by the Dan A Emmett Revocable Trust (the "Trust") and Rivermouth Partners, A California Limited Partnership ("Rivermouth"), as of November 18, 2014. Reporting Person is president of the manager of the general partner of Rivermouth.
  2. The aggregate number of Shares sold by the Trust on the same day at different prices.
  3. Represents the weighted average sales price. The Shares were sold at prices ranging from $33.70 to $34.20 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 any security holder, upon request.
  4. The aggregate number of Shares sold by Rivermouth on the same day at different prices.
  5. Represents the weighted average sales price. The Shares were sold at prices ranging from $33.62 to $33.95 per share. Full information regarding the number of Shares sold at each price shall be provided to the Staff, Issuer or any security holder, upon request.
  6. Following the sales reported herein, Reporting Person continued to beneficially own 7,561,408 common stock equivalents, including common stock, partnership common units ("OP Units") of Douglas Emmett Properties, LP (the "Operating Partnership"), and long term incentive plan units ("LTIP Units") of the Operating Partnership. Upon the occurrence of certain events, OP Units and LTIP Units are redeemable and exchangeable, without consideration, by the holder for an equivalent number of Shares or for the cash value of such Shares, at Issuer's election. Issuer is the sole stockholder of the general partner of the Operating Partnership.
  7. Shares beneficially owned include (i) 1,556,811 Shares owned by the Trust; (ii) 750,850 Shares owned by the Emmett Foundation, a CA charitable organization, disclaimed by Reporting Person; (iii) 72,000 Shares owned by certain trusts f/b/o Reporting Person's spouse and children of which Reporting Person is a trustee with voting and investment power but disclaims beneficial ownership. Derivative securities beneficially owned include (i) 5,170,188 OP Units of which Reporting Person disclaims beneficial ownership, except to the extent of any pecuniary interest therein, (ii) 217,288 OP Units held by Rivermouth of which Reporting Person disclaims beneficial ownership, except to the extent of any pecuniary interest therein, (iii) 810,126 OP Units held by trusts f/b/o Reporting Person's spouse and children of which Reporting Person disclaims beneficial ownership, except to the extent of any pecuniary interest therein, (iv) 11,559 LTIP Units, and (v) 274,355 stock options.