Douglas Emmett (DEI) director reports 18,852 LTIP unit grant
Rhea-AI Filing Summary
Douglas Emmett Inc. reported an equity award to director Shirley Wang. On December 15, 2025, she received 18,852 long term incentive plan units (LTIP Units) in Douglas Emmett Properties, LP under the company’s 2016 Omnibus Stock Incentive Plan, with a conversion price of $0 and expiration on December 31, 2035.
The LTIP Units vest in four equal installments on January 1, 2026, April 1, 2026, July 1, 2026 and October 1, 2026. Once vested and after meeting performance criteria based on increases in the partnership’s Gross Asset Values, each LTIP Unit may convert into one partnership common unit, which can be redeemed for an equivalent number of Douglas Emmett common shares or their cash value at the company’s election. After this grant, her derivative holdings include these LTIP Units, 14,856 additional LTIP Units and 35,160 partnership common units.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Long Term Incentive Plan Units | 18,852 | $0.00 | -- |
Footnotes (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 by the expiration 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. LTIP Units granted as part of Reporting Person's annual compensation for service as a director of Issuer. LTIP Units vest in one-quarter equal installments on January 1, 2026, April 1, 2026, July 1, 2026, and October 1, 2026. Derivative securities owned by the Reporting Person include the LTIP Units reported herein, an additional 14,856 LTIP Units previously granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan, and 35,160 OP Units.
FAQ
What insider transaction did Douglas Emmett (DEI) disclose for Shirley Wang?
Douglas Emmett disclosed that director Shirley Wang received an equity award on December 15, 2025 consisting of 18,852 LTIP Units in Douglas Emmett Properties, LP.
How many LTIP Units were granted to the Douglas Emmett (DEI) director and under which plan?
Shirley Wang was granted 18,852 Long Term Incentive Plan Units under Douglas Emmett’s 2016 Omnibus Stock Incentive Plan.
When do Shirley Wang’s Douglas Emmett (DEI) LTIP Units vest?
The LTIP Units vest in four equal installments on January 1, 2026, April 1, 2026, July 1, 2026 and October 1, 2026.
What can Douglas Emmett (DEI) LTIP Units be converted into?
After vesting and meeting performance criteria, each LTIP Unit can be converted into one partnership common unit, which may be redeemed for an equivalent number of Douglas Emmett common shares or their cash value at the company’s election.
What derivative securities does Shirley Wang hold in Douglas Emmett (DEI) after this grant?
Her derivative holdings include the 18,852 LTIP Units reported, an additional 14,856 LTIP Units previously granted, and 35,160 partnership common units.