Accession Number: | 0001104659-20-056247 |
Date: | 2020-04-30 |
Issuer: | JBG SMITH PROPERTIES (JBGS) |
Original Submission Date: |
SCHEAR MITCHELL N
C/O JBG SMITH PROPERTIES
4747 BETHESDA AVENUE, SUITE 200
BETHESDA, MD 20814
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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LTIP UNITS | 0.0 | 2020-04-30 | deemed execution date | A | 3,523 (a) | common shares 3,523 | $0.00 | 10,234 | direct |
ID | footnote |
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f1 | the reporting person received a grant of limited partnership units of jbg smith properties lp, jbg smith properties' (the "issuer's") operating partnership (the "op"), designated as ltip units ("ltip units") pursuant to the jbg smith properties 2017 omnibus share plan. these ltip units are a class of units in the op that 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 operating partnership units ("op units") in the op. the resulting op units are redeemable by the holder for one common share of the issuer, par value $0.01 (a "common share") per op unit or the cash value of a common share, at the issuer's option, after the two year anniversary of the ltip units issuance. the ltip units will be fully vested on the date of grant but may not be sold while the reporting person serves as a trustee, except in certain circumstances. |