Form 4 for DEA Easterly Government Properties, Inc.
Accepted 2022-03-15 00:00:00 ET · period of report 2022-03-11 · accession 0001209191-22-019024 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-03-15 | 2022-03-11+ | DEA | Crate Darrell W | COB, Dir | S - Sale | $20.94 | -40.0K | 7,428 | -84% | -$837.5K |
| DM | 2022-03-15 | 2022-03-11+ | DEA | Crate Darrell W | COB, Dir | C - Cnv Deriv | $0.00 | +33.3K | 17.4K | New | $0 |
| DI | 2022-03-15 | 2022-03-11 | DEA | Crate Darrell W | COB, Dir | S - Sale | $21.11 | -135.4K | 0 | -100% | -$2.86M |
| DI | 2022-03-15 | 2022-03-11 | DEA | Crate Darrell W | COB, Dir | C - Cnv Deriv | $0.00 | +135.4K | 135.4K | New | $0 |
| DM | 2022-03-15 | 2022-03-11+ | DEA | Crate Darrell W | COB, Dir | C - Cnv Deriv | $0.00 | -33.3K | 24.4K | -58% | $0 |
| DI | 2022-03-15 | 2022-03-11 | DEA | Crate Darrell W | COB, Dir | C - Cnv Deriv | $0.00 | -135.4K | 500.0K | -21% | $0 |
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 Stock | 2022-03-15 | S | D | 10,406 | $20.94 | 773 | D | — | — | (F8) Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $20.85 to $21.01 per share, inclusive. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| 2 | Common | Common Stock | 2022-03-11 | C | A | 19,594 | $0.00 | 27,022 | D By Easterly Capital LLC | — | — | (F1) 19,594 LTIP units ("LTIP Units") in Easterly Government Properties LP (the "Partnership"), of which the Issuer is the sole general partner, were exchanged for an equal number of common units of limited partnership interest in the Partnership ("Common Units"), which were subsequently redeemed for an equal number of shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"). |
| 3 | Common | Common Stock | 2022-03-11 | S | D | 19,594 | $21.00 | 7,428 | D By Easterly Capital LLC | — | — | (F2) These shares were all sold at a price of $21.00 per share. |
| 4 | Common | Common Stock | 2022-03-15 | C | A | 3,751 | $0.00 | 11,179 | D | — | — | (F7) 3,751 LTIP Units were exchanged for an equal number of Common Units, which were subsequently redeemed for an equal number of shares of Common Stock. |
| 5 | Common | Common Stock | 2022-03-14 | S | D | 10,000 | $20.81 | 7,428 | D | — | — | (F6) Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $20.75 to $20.88 per share, inclusive. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| 6 | Common | Common Stock | 2022-03-11 | S | D | 135,406 | $21.11 | 0 | I | — | — | (F4) Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.17 per share, inclusive. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| 7 | Common | Common Stock | 2022-03-14 | C | A | 10,000 | $0.00 | 17,428 | D | — | — | (F5) 10,000 LTIP Units were exchanged for an equal number of Common Units, which were subsequently redeemed for an equal number of shares of Common Stock. |
| 8 | Common | Common Stock | 2022-03-11 | C | A | 135,406 | $0.00 | 135,406 | I | — | — | (F3) 135,406 Common Units were redeemed for an equal number of shares of Common Stock. |
| 9 | Derivative | LTIP Units | 2022-03-14 | C | D | 10,000 | $0.00 | 28,166 | D | — · — to — | 10,000 Common Stock | (F11) Represents LTIP Units granted as long-term incentive compensation pursuant to the Issuer's 2015 Equity Incentive Plan, as amended, subject to certain performance vesting hurdles, which were earned based on the Issuer's performance from January 2, 2019 through December 31, 2021. |
| 10 | Derivative | LTIP Units | 2022-03-11 | C | D | 13,754 | $0.00 | 0 | D By Easterly Capital LLC | — · — to — | 13,754 Common Stock | (F9) Represents LTIP Units granted as long-term incentive compensation pursuant to the Issuer's 2015 Equity Incentive Plan, as amended, subject to certain performance vesting hurdles, which were earned based on the Issuer's performance from January 4, 2018 through December 31, 2019. |
| 11 | Derivative | LTIP Units | 2022-03-11 | C | D | 5,840 | $0.00 | 38,166 | D | — · — to — | 5,840 Common Stock | (F11) Represents LTIP Units granted as long-term incentive compensation pursuant to the Issuer's 2015 Equity Incentive Plan, as amended, subject to certain performance vesting hurdles, which were earned based on the Issuer's performance from January 2, 2019 through December 31, 2021. |
| 12 | Derivative | Common Units | 2022-03-11 | C | D | 135,406 | $0.00 | 500,000 | I | — · — to — | 135,406 Common Stock | (F12) Each Common Unit may be presented for redemption, at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may elect to acquire each Common Unit so presented for one share of Common Stock. These redemption rights have no expiration date. |
| 13 | Derivative | LTIP Units | 2022-03-15 | C | D | 3,751 | $0.00 | 24,415 | D | — · — to — | 3,751 Common Stock | (F11) Represents LTIP Units granted as long-term incentive compensation pursuant to the Issuer's 2015 Equity Incentive Plan, as amended, subject to certain performance vesting hurdles, which were earned based on the Issuer's performance from January 2, 2019 through December 31, 2021. |