Darrell W. Crate - 05 Feb 2024 Form 4 Insider Report for Easterly Government Properties, Inc. (DEA)

Role: CEO, Director
Signature: /s/ Franklin V. Logan, Attorney-in-fact for Darrell W. Crate
Issuer symbol: DEA
Transactions as of: 05 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 07 Feb 2024, 16:22:39 UTC
Previous filing: 23 Jan 2024
Next filing: 13 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DEA	Common Stock	Conversion of derivative security	$0	+500,000		$0.000000	500,000	05 Feb 2024	By Easterly Capital LLC	F1
holding	DEA	Common Stock						161,479	05 Feb 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DEA	Common Units	Conversion of derivative security	$0	-500,000	-100%	$0.000000^*	0	05 Feb 2024	Common Stock	500,000		By Easterly Capital LLC	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	500,000 common units of limited partnership interest ("Common Units") in Easterly Government Properties LP were redeemed for an equal number of shares of the Issuer's common stock, par value $0.01 per share ("Common Stock").
F2	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.