$3M of DEI sold by Dan Emmett (Director Chairman Of The Board) between 01/19/2012 - 02/16/2012
SANTA MONICA, CA — Dan Emmett sold 140,000 shares of Douglas Emmett Inc stock, or $2,972,200 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred between January 19, 2012 - February 16, 2012.
After the transaction, Dan Emmett's stake was reported as 4,281,257 shares of Douglas Emmett Inc stock (a 3% decrease from before the transaction took place). Dan Emmett's title was listed as "Director Chairman of the Board" at Douglas Emmett Inc within the filing.
As noted on February 21, 2012, Dan Emmett's sale was done indirectly through "See Footnote 5." over 2 transactions from January 19, 2012 to February 16, 2012. The share price for the transaction was $21.23 according to the regulatory filing detailing the trade.
If we look over the past 12 months, Dan Emmett has sold a total of 1,836,000 shares of Douglas Emmett Inc, proceeds from the sale totaled $35,133,680. Over the same time period, Dan Emmett has purchased no shares of Douglas Emmett Inc stock. Dan Emmett has also performed other transactions including option conversions , and gifts .
Let's take a quick, high-level look at insider trading at Douglas Emmett Inc over the past 12 months. A total of 2,836,000 shares of Douglas Emmett Inc stock was sold by insiders, totaling $52,743,680. Over the same time 12 month time period, no shares of Douglas Emmett Inc were purchased by company insiders.
To view the complete SEC Filing: Douglas Emmett Inc 4 (Insider Trading) SEC Filing
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View the complete filing
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Contact the reporter
Mike Shafrir mike@marketbrief.com
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