Home > Insider Trading > Filing (0001209191-16-155672)

Filing Details

Accession Number:: 0001209191-16-155672
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-12-16 16:52:10
Reporting Period:: 2016-12-15

Filing Date:: 2016-12-16
Accepted Time:: 2016-12-16 16:52:10
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2016-12-15	71,894	$36.92	1,546,659	No	4	S	Indirect	See footnote 7.
Common Stock	Disposition	2016-12-15	12,428	$36.92	1,534,231	No	4	S	Indirect	See footnote 7.
Common Stock	Disposition	2016-12-16	28,106	$36.86	1,506,125	No	4	S	Indirect	See footnote 7.
Common Stock	Disposition	2016-12-16	4,860	$36.86	1,501,265	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

The sales reported herein were effected pursuant to Rule 10b5-1 trading plans, as amended, entered into by the Dan A. Emmett Revocable Trust (the "Trust") and Rivermouth Partners, a California limited partnership ("Rivermouth"), as of November 18, 2014.
The aggregate number of Shares sold by the Trust on the same day at different prices.
Represents the weighted average sales price. The Shares were sold at prices ranging from $36.59 to $37.33 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.
The aggregate number of Shares sold by Rivermouth on the same day at different prices.
Represents the weighted average sales price. The Shares were sold at prices ranging from $36.71 to $36.98 per share. Full information regarding the number of Shares sold at each price shall be provided to the Securities and Exchange Commission Staff, Issuer or any security holder, upon request.
Following the sales reported herein, Reporting Person continued to beneficially own 5,868,980 common stock equivalents, including common stock of Issuer, 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. Issuer is the sole stockholder of the general partner of the Operating Partnership. Upon vesting and certain additional criteria, each LTIP Unit can be converted into one OP Unit. Upon the occurrence of certain events, OP Units are redeemable by the holder, 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.
Shares beneficially owned include (i) an aggregate of 1,429,265 Shares owned by the Trust and a community property trust with Reporting Person's spouse, and (ii) 72,000 Shares owned by certain trusts f/b/o Reporting Person's children of which Reporting Person is a trustee with voting and investment power but disclaims beneficial ownership. Derivative securities beneficially owned include (i) 4,357,770 OP Units of which Reporting Person disclaims beneficial ownership, except to the extent of his pecuniary interest therein, of 810,126 OP Units held by trusts f/b/o Reporting Person's spouse and children; (ii) 6,689 LTIP Units and 70,121 stock options granted pursuant to Issuer's 2006 Omnibus Stock Incentive Plan, as amended; and (iii) 3,256 LTIP Units granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan.