Douglas Emmett (NYSE: DEI) reports director grant of 20,138 LTIP units
Rhea-AI Filing Summary
Douglas Emmett, Inc. reported that director Leslie Bider received a grant of 20,138 long term incentive plan (LTIP) units in Douglas Emmett Properties, LP on December 15, 2025 as part of annual compensation under the company’s 2016 Omnibus Stock Incentive Plan.
The LTIP Units vest in four equal installments on January 1, 2026, April 1, 2026, July 1, 2026 and October 1, 2026. Upon vesting and additional criteria based on a specified percentage increase in Gross Asset Values of the Operating Partnership’s assets, each LTIP Unit can convert into one partnership common unit (OP Unit). LTIP Units not converted by their December 31, 2035 expiration date will be forfeited, and OP Units are redeemable for an equivalent number of Douglas Emmett common shares or their cash value at the company’s election upon certain events.
After this award, derivative securities owned by Bider include the 20,138 LTIP Units reported, an additional 21,234 LTIP Units previously granted and 127,644 OP Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Long Term Incentive Plan Units | 20,138 | $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 the Reporting Person's annual compensation for service as a director of the Issuer. The LTIP Units vest in one-quarter equal installments each 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 21,234 LTIP Units previously granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan, and 127,644 OP Units.
FAQ
What insider equity grant did Douglas Emmett (DEI) disclose on December 15, 2025?
Douglas Emmett disclosed that director Leslie Bider received a grant of 20,138 long term incentive plan (LTIP) units in Douglas Emmett Properties, LP on December 15, 2025 as part of annual director compensation.
Who is the reporting person in the Douglas Emmett (DEI) Form 4 and what is their role?
The reporting person is Leslie Bider, who is identified as a director of Douglas Emmett, Inc. on the ownership form.
How and when do the LTIP Units granted to the DEI director vest?
The 20,138 LTIP Units granted to the director vest in four equal installments on January 1, 2026, April 1, 2026, July 1, 2026 and October 1, 2026.
What can the LTIP Units ultimately convert into for the Douglas Emmett (DEI) director?
After vesting and meeting additional performance criteria based on a specified percentage increase in Gross Asset Values, each LTIP Unit can be converted into one OP Unit. OP Units are redeemable by the holder for an equivalent number of Douglas Emmett common shares or their cash value at the company’s election upon certain events.
What is the expiration date of the LTIP Units reported for Douglas Emmett (DEI)?
The LTIP Units reported in this transaction have an expiration date of December 31, 2035. LTIP Units not converted into OP Units by that date will be forfeited.
What derivative securities does the DEI director own after this LTIP grant?
Following this grant, derivative securities owned by the director include the 20,138 LTIP Units reported in the transaction, an additional 21,234 LTIP Units previously granted, and 127,644 OP Units.