---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-001457"
form_type: "8-K"
ticker: "JBGS"
cik: "0001689796"
company_name: "JBG SMITH Properties"
filed_at: "2022-01-05T23:59:59+00:00"
generated_at: "2026-06-27T20:38:31.639059+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# JBG SMITH grants $6.6M in performance-based AO LTIP units to execs; CEO receives 675,675 units

## Summary
- Compensation Committee approved grants on Dec 30, 2021; grants made on Jan 3, 2022.
- Aggregate fair value of AO LTIP Units: $6,620,773; awards are 50% of annual equity grant.
- CEO W. Matthew Kelly awarded 675,675 AO LTIP Units; other NEOs: Paul 140,765, Reynolds 168,918, Banerjee 123,873.
- Vesting 50% on 3rd anniversary, 50% on 4th; participation threshold $32.30.
- Awards subject to relative TSR modifier vs NAREIT FTSE Equity Office Index (ex-Alexandria).

## SEC filing metadata
- accession: 0001104659-22-001457
- form_type: 8-K
- ticker: JBGS
- cik: 0001689796
- company_name: JBG SMITH Properties
- filed_at: 2022-01-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1689796/000110465922001457/0001104659-22-001457-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1689796/000110465922001457/tm2136480d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-001457
- JSON: https://secwatch.observer/filing/0001104659-22-001457.json
- Plain text: https://secwatch.observer/filing/0001104659-22-001457.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.