SEC Form 4 filed by Director Leonard Ray C

$DEI
Real Estate Investment Trusts
Real Estate
Get the next $DEI alert in real time by email
SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Leonard Ray C

(Last) (First) (Middle)
1299 OCEAN AVENUE
SUITE 1000

(Street)
SANTA MONICA CA 90401

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Douglas Emmett Inc [ DEI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/12/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Long Term Incentive Plan Units(1) $0 12/12/2024 A 11,162(2) (3) 12/31/2034 Common Stock 11,162 $0 11,162(4) D
Explanation of Responses:
1. Long term incentive plan units ("LTIP Units") in Douglas Emmett Properties, LP, a DE limited partnership (the "Operating Partnership") granted pursuant to the 2016 Omnibus Stock Incentive Plan of Douglas Emmett, Inc. ("Issuer"). Issuer is the sole stockholder of the general partner of the Operating Partnership. Upon vesting and certain additional criteria based on achievement of a specified percentage increase in Gross Asset Values of the assets of the Operating Partnership, each LTIP Unit can be converted into one partnership common unit ("OP Unit") of the Operating Partnership on a one-for-one basis. LTIP Units not converted into OP Units within 10 years of the grant date will be forfeited. 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.
2. LTIP Units granted as part of Reporting Person's annual compensation for service as a director of Issuer.
3. LTIP Units vest in one-quarter equal installments on January 1, 2025, April 1, 2025, July 1, 2025, and October 1, 2025.
4. Derivative securities owned by the Reporting Person include the LTIP Units reported herein, an additional 3,694 LTIP Units previously granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan, and 35,160 OP Units.
Remarks:
/s/ Peter Seymour, Attorney-in-Fact for Raymond C. Leonard 12/13/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.
Get the next $DEI alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$DEI

DatePrice TargetRatingAnalyst
1/15/2025Buy → Neutral
Janney
1/13/2025$20.00Neutral → Overweight
Piper Sandler
1/2/2025$19.00 → $21.00Neutral → Outperform
Wedbush
11/14/2024$16.00 → $21.00Sector Perform → Sector Outperform
Scotiabank
1/2/2024$10.00 → $15.00Underperform → Hold
Jefferies
10/3/2023$13.00Neutral
Wedbush
9/12/2023Sector Weight
KeyBanc Capital Markets
9/5/2023$15.00Overweight → Neutral
Piper Sandler
More analyst ratings

$DEI
Press Releases

Fastest customizable press release news feed in the world

See more
  • Douglas Emmett Declares Quarterly Cash Dividend

    Douglas Emmett, Inc. (NYSE:DEI), a real estate investment trust (REIT), announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.19, or $0.76 on an annualized basis, to be paid on April 15, 2025 to shareholders of record as of March 31, 2025. About Douglas Emmett, Inc. Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of to

    $DEI
    Real Estate Investment Trusts
    Real Estate
  • Douglas Emmett to Present at 2025 Citi Global Property CEO Conference

    Douglas Emmett, Inc. (NYSE:DEI), a real estate investment trust (REIT), announced today that President and CEO Jordan L. Kaplan will be participating in a roundtable discussion at the 2025 Citi Global Property CEO Conference on Tuesday, March 4, 2025 at 2:10 pm Eastern Time. A live webcast of the discussion will be available at: kvgo.com/citi/douglas-emmett-march-2025 A replay of the discussion will be available on the same URL starting twelve hours after the end of the live event and continuing for one year. About Douglas Emmett, Inc. Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owne

    $DEI
    Real Estate Investment Trusts
    Real Estate
  • Douglas Emmett Releases Fourth Quarter 2024 Earnings Results

    Douglas Emmett, Inc. (NYSE:DEI), a real estate investment trust (REIT), has released its Fourth Quarter 2024 Earnings Results and Operating Information package by posting it to the investor relations section of its website at www.douglasemmett.com/investors. As previously announced, Jordan Kaplan, CEO, Peter Seymour, CFO, Kevin Crummy, CIO, and Stuart McElhinney, Vice President Investor Relations, will host a live conference call to discuss Douglas Emmett's financial results at 2:00 pm Eastern Time (11:00 am Pacific Time) on Wednesday, February 5, 2025. Interested parties can listen to the call via the following: INTERNET: Go to www.douglasemmett.com/investors at least fifteen minutes p

    $DEI
    Real Estate Investment Trusts
    Real Estate

$DEI
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$DEI
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$DEI
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$DEI
SEC Filings

See more

$DEI
Financials

Live finance-specific insights

See more
  • Douglas Emmett Declares Quarterly Cash Dividend

    Douglas Emmett, Inc. (NYSE:DEI), a real estate investment trust (REIT), announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.19, or $0.76 on an annualized basis, to be paid on April 15, 2025 to shareholders of record as of March 31, 2025. About Douglas Emmett, Inc. Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of to

    $DEI
    Real Estate Investment Trusts
    Real Estate
  • Douglas Emmett Releases Fourth Quarter 2024 Earnings Results

    Douglas Emmett, Inc. (NYSE:DEI), a real estate investment trust (REIT), has released its Fourth Quarter 2024 Earnings Results and Operating Information package by posting it to the investor relations section of its website at www.douglasemmett.com/investors. As previously announced, Jordan Kaplan, CEO, Peter Seymour, CFO, Kevin Crummy, CIO, and Stuart McElhinney, Vice President Investor Relations, will host a live conference call to discuss Douglas Emmett's financial results at 2:00 pm Eastern Time (11:00 am Pacific Time) on Wednesday, February 5, 2025. Interested parties can listen to the call via the following: INTERNET: Go to www.douglasemmett.com/investors at least fifteen minutes p

    $DEI
    Real Estate Investment Trusts
    Real Estate
  • Douglas Emmett Announces 2024 Tax Treatment of Dividends

    Douglas Emmett, Inc. (NYSE:DEI), a real estate investment trust (REIT), announced today the tax treatment of its 2024 common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Douglas Emmett dividends.   Record Date  Paid Date  Dividend Per Share  Ordinary Income  Capital Gain  Return of Capital Amount Qualifying as a Section 199A Dividend 12/29/23 01/17/24 $0.19 $0.0095 $0.00 $0.1805 $0.0095 03/28/24 04/16/24 $0.19 $0.0095 $0.00 $0.1805 $0.0095 06

    $DEI
    Real Estate Investment Trusts
    Real Estate

$DEI
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more