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Quotes & Info
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| DEI > SEC Filings for DEI > Form 8-K on 26-Dec-2012 | All Recent SEC Filings |
26-Dec-2012
Other Events
On December 18, 2012, the Dan A. Emmett Revocable Living Trust (the "Trust") and Rivermouth Partners, LP ("Rivermouth") each adopted a pre-arranged stock trading plan (each a "Plan") contemplating the continuation of the same aggregate monthly sales of 140,000 shares of the common stock of Douglas Emmett, Inc. (the "Company") as under their existing stock trading plans that expired this month. The Plans contemplate the sale, over the next two years, of an aggregate of less than a quarter of the common stock equivalents currently beneficially owned by Dan A. Emmett, Chairman of the Board of the Company. Mr. Emmett is the trustee of the Trust and the chief executive officer and president of the general partner of Rivermouth.
The Plans are designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the insider trading policies of the Company. Merrill Lynch, Pierce Fenner & Smith Incorporated will act as agent to effect sales under the Plans without the direction of Mr. Emmett. There can be no assurance that any shares will be sold under the Plans.
The information being furnished pursuant to this Item 8.01 shall not be deemed "filed" for any purpose, including for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section. The information in this Current Report on Form 8-K shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing. Except as may be required by law, the Company does not undertake to report on specific Rule 10b5-1 pre-planned stock trading plans of Company officers, nor to report modifications or terminations of the Plans or the plan of any other individual.
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