Dan A. Emmett - Jun 14, 2021 Form 4 Insider Report for Douglas Emmett Inc (DEI)

Role: Chairman of the Board, Director
Signature: /s/ Peter Seymour , Attorney-in-Fact for Dan A. Emmett
Stock symbol: DEI
Transactions as of: Jun 14, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/21/2021, 08:07 PM
Next filing: Jan 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DEI	Common Stock	Gift	$0	-32.4K	-3.32%	$0.00	944K	Jun 14, 2021	See footnote 1	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Common stock ("Common Stock") of Issuer beneficially owned includes (i) an aggregate of 877,757 shares of Common Stock held by the Dan A. Emmett Revocable Trust, and (ii) 66,000 shares of Common Stock held by certain trusts f/b/o Reporting Person's children of which Reporting Person is a trustee with sole voting and dispositive power but disclaims beneficial ownership therein.
F2	Following the gifts reported herein, Reporting Person may be deemed to beneficially own 4,416,576 Common Stock equivalents, including Common Stock, partnership common units ("OP Units") and long term incentive plan units ("LTIP Units") of Douglas Emmett Properties, LP (the "Operating Partnership"). Issuer is the sole stockholder of the general partner of the Operating Partnership. Upon vesting and certain additional criteria, LTIPs may be converted into OP Units. Upon the occurrence of certain events, OP Units are redeemable and may be exchanged without consideration by the holder for an equivalent number of shares of Common Stock or for the cash value of such shares, at Issuer's option.

Content

Common stock ("Common Stock") of Issuer beneficially owned includes (i) an aggregate of 877,757 shares of Common Stock held by the Dan A. Emmett Revocable Trust, and (ii) 66,000 shares of Common Stock held by certain trusts f/b/o Reporting Person's children of which Reporting Person is a trustee with sole voting and dispositive power but disclaims beneficial ownership therein.

Following the gifts reported herein, Reporting Person may be deemed to beneficially own 4,416,576 Common Stock equivalents, including Common Stock, partnership common units ("OP Units") and long term incentive plan units ("LTIP Units") of Douglas Emmett Properties, LP (the "Operating Partnership"). Issuer is the sole stockholder of the general partner of the Operating Partnership. Upon vesting and certain additional criteria, LTIPs may be converted into OP Units. Upon the occurrence of certain events, OP Units are redeemable and may be exchanged without consideration by the holder for an equivalent number of shares of Common Stock or for the cash value of such shares, at Issuer's option.