Douglas Emmett Inc 8-K, filed Apr 7, 2021
Douglas Emmett Inc (DEI)
8-K
2021-04-07
For: 2021-04-01
View Original
Added on
April 10, 2026
About this 8-K
Douglas Emmett Inc filed this 8-K on April 7, 2021, reporting on events of April 1, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 1, 2021
(Exact name of registrant as specified in its charter)
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Registrant’s telephone number, including area code: (310 ) 255-7700
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective April 1, 2021, the Board of Directors (the "Board") of Douglas Emmett, Inc. (the "Company") elected Dorene C. Dominguez as a member of the Board with a term ending as of the Company's 2021 annual meeting of stockholders. In connection with Ms. Dominguez’s election, the size of the Board was increased from 10 to 11. Ms. Dominguez was also appointed to serve on the Board’s Nominating and Corporate Governance Committee effective as of such date. The Company has determined that Ms. Dominguez is independent of the Company and its management within the meaning of the New York Stock Exchange listing standards.
In connection with her appointment, Ms. Dominguez is eligible to participate in the Company's compensation programs for non-employee directors approved by the Nominating and Corporate Governance Committee of the Board, as disclosed in the Company’s most recent proxy statement, as in effect from time to time. Pursuant to these programs as currently applicable, Ms. Dominguez will receive an annual retainer of $220,000 payable in long term incentive plan units ("LTIPs"), under the Company’s 2016 Omnibus Stock Incentive Plan, prorated for the period of her service.
A copy of the press release announcing Ms. Dominguez’s appointment to the Board is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
There are no transactions that require disclosure under Item 404(a) of Regulation S-K regarding Ms. Dominguez.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits: The following exhibits are furnished with this Current Report on Form 8-K:
| Exhibit Number | Description | |||||||
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| DOUGLAS EMMETT, INC. | |||||||||||
| Dated: | April 7, 2021 | By: | /s/ PETER D. SEYMOUR | ||||||||
| Peter D. Seymour | |||||||||||
| Chief Financial Officer | |||||||||||
Exhibit 99.1
 | 1299 Ocean Avenue, Suite 1000 Santa Monica, California 90401 | ||||
FOR IMMEDIATE RELEASE
Stuart McElhinney, Vice President – Investor Relations 310.255.7751 smcelhinney@douglasemmett.com | ||
Ms. Dorene Dominguez Elected as Director of Douglas Emmett
SANTA MONICA, California – April 7, 2021 – Douglas Emmett, Inc. (NYSE:DEI), a real estate investment trust (REIT), today announced that Ms. Dorene Dominguez has been elected to its Board of Directors.
Ms. Dominguez is the Chairwoman and CEO of Vanir Group of Companies and its subsidiaries, Vanir Development Company Inc. and Vanir Construction Management Inc., which respectively specialize in commercial and institutional real estate development and construction management. She is on the board of KB Home and an active member of the Coca-Cola Hispanic Advisory Council. Ms. Dominguez founded The Dominguez Dream, a non-profit serving elementary schools in underserved communities and is on the board of several other educational and philanthropic organizations. She is also the first Latina to become a governor of the NBA Sacramento Kings. Ms. Dominguez holds a bachelor's degree in finance from the University of Notre Dame and a certificate in corporate governance from Harvard University.
About Douglas Emmett, Inc.
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities. For more information about Douglas Emmett, please visit our website at www.douglasemmett.com.