Form 4 for JBGS JBG SMITH Properties
Accepted 2022-08-17 00:00:00 ET · period of report 2022-08-15 · accession 0001104659-22-092223 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-08-17 | 2022-08-16 | JBGS | Banerjee Madhumita Moina | CFO | S - Sale | $23.95 | -26.0K | 4,000 | -87% | -$622.7K |
| D | 2022-08-17 | 2022-08-15 | JBGS | Banerjee Madhumita Moina | CFO | C - Cnv Deriv | — | +30.0K | 30.0K | New | — |
| DM | 2022-08-17 | 2022-08-15 | JBGS | Banerjee Madhumita Moina | CFO | C - Cnv Deriv | — | -30.0K | 245.3K | -11% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2022-08-16 | S | D | 26,000 | $23.95 | 4,000 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $23.85 to $24.07, inclusive. The reporting person undertakes to provide to JBG SMITH Properties, any security holder of JBG SMITH Properties, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (3) to this Form 4. |
| 2 | Common | Common Shares | 2022-08-15 | C | A | 30,000 | — | 30,000 | D | — | — | (F2) Each OP Unit is redeemable, once vested, by the holder for one common share of the Issuer, par value $0.01 (a "Common Share"), or the cash value of a Common Share, at the Issuer's option. |
| 3 | Derivative | OP Units | 2022-08-15 | C | A | 30,000 | — | 178,159 | D | — · — to — | 30,000 Common Shares | (F2) Each OP Unit is redeemable, once vested, by the holder for one common share of the Issuer, par value $0.01 (a "Common Share"), or the cash value of a Common Share, at the Issuer's option. (F4) Limited partnership units in the OP designated as LTIP Units ("LTIP Units") are a class of units in the OP that, if vested, are convertible at the option of the holder, conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into an equal number of OP Units. |
| 4 | Derivative | OP Units | 2022-08-15 | C | D | 30,000 | — | 148,159 | D | — · — to — | 30,000 Common Shares | (F2) Each OP Unit is redeemable, once vested, by the holder for one common share of the Issuer, par value $0.01 (a "Common Share"), or the cash value of a Common Share, at the Issuer's option. |
| 5 | Derivative | LTIP Units | 2022-08-15 | C | D | 30,000 | — | 245,282 | D | — · — to — | 30,000 Common Shares | (F4) Limited partnership units in the OP designated as LTIP Units ("LTIP Units") are a class of units in the OP that, if vested, are convertible at the option of the holder, conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into an equal number of OP Units. (F5) The total number of LTIP Units has been revised to reflect that certain LTIP Units, originally granted in January 2019, were forfeited based on performance conditions set forth in the award agreement. |