Form 4 for JBGS JBG SMITH Properties
Accepted 2023-06-15 00:00:00 ET · period of report 2023-06-15 · accession 0001104659-23-071596 · 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 | 2023-06-15 | 2023-06-15 | JBGS | Valdes Angela | CAO | C - Cnv Deriv | — | +10.5K | 12.1K | +654% | — |
| DM | 2023-06-15 | 2023-06-15 | JBGS | Valdes Angela | CAO | C - Cnv Deriv | — | -10.5K | 0 | -100% | — |
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 | 2023-06-15 | C | A | 10,493 | — | 12,098 | D | — | — | (F2) Each OP Unit is redeemable, once vested, by the holder for one Common Share, or the cash value of a Common Share, at the Issuer's option. (F3) Reflects the acquisition of 445 Common Shares on December 15, 2021, 528 Common Shares on June 30, 2022, and 632 Common Shares on December 15, 2022 through the Issuer's Employee Share Purchase Plan, which are held directly by the reporting person. |
| 2 | Derivative | OP Units | 2023-06-15 | C | A | 10,493 | — | 10,493 | D | — · — to — | 10,493 Common Shares | (F2) Each OP Unit is redeemable, once vested, by the holder for one 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 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. |
| 3 | Derivative | LTIP Units | 2023-06-15 | C | D | 10,493 | — | 81,259 | D | — · — to — | 10,493 Common Shares | (F4) Limited partnership units in the OP designated as 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 LTIPs has been revised to reflect that certain LTIPs, originally granted in January 2020, were forfeited based on performance conditions set forth in the award agreement. |
| 4 | Derivative | OP Units | 2023-06-15 | C | D | 10,493 | — | 0 | D | — · — to — | 10,493 Common Shares | (F2) Each OP Unit is redeemable, once vested, by the holder for one Common Share, or the cash value of a Common Share, at the Issuer's option. |