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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Long Term Incentive Plan Units (1) | $ 0 (2) | 12/01/2011 | A | 573 | 12/31/2011(3) | (4) | Common Stock | 573 | $ 0 | 573 | D | ||||
Long Term Incentive Plan Units (1) | $ 0 (2) | 12/01/2011 | A | 3,132 | 12/31/2011(5) | (4) | Common Stock | 3,132 | $ 0 | 3,132 | D | ||||
Partnership Common Units (6) | $ 0 | (6) | (4) | Common Stock | 4,388,174 | 4,388,174 | I (7) | See Footnote 7. |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ANDERSON CHRISTOPHER H 808 WILSHIRE BOULEVARD SUITE 200 SANTA MONICA, CA 90401 |
X |
/s/ Ben D. Orlanski by PA for Christopher H. Anderson | 12/05/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Long-term incentive plan units ("LTIP Units") in Douglas Emmett Properties, LP, a DE limited partnership (the "Operating Partnership"), granted pursuant to Issuer's 2006 Omnibus Stock Incentive Plan. The Issuer is the sole stockholder of the general partner of the Operating Partnership. LTIP Units have full parity with the common limited partnership units ("OP Units") of the Operating Partnership for all purposes and may be converted into an equal number of OP Units on a one-for-one basis. Upon notice of redemption, OP Units are redeemable for cash based on the fair market value of an equivalent number of shares of the Issuer's common stock, or, at the election of the Issuer, for an equal number of shares the Issuer's common stock. |
(2) | LTIP Units are convertible into common stock of the Issuer on a one-for-one basis beginning two years after issuance. |
(3) | The LTIP Units will vest in full on December 31, 2011. |
(4) | Not applicable. |
(5) | 337 LTIP Units vest on December 31, 2011, and 2,795 LTIP Units vest on December 31, 2012. |
(6) | OP Units in the Operating Partnership. The holder may provide a written notice of redemption of OP Units at any time at holder's option, in which case the OP Units are redeemed for either cash based on the fair market value of an equivalent number of shares of Issuer's common stock, or, at the election of Issuer, for an equal number of shares of Issuer's common stock. |
(7) | Held by C.H. Anderson Family Trust of February 7, 1996. |