Form 4 Filing for JBG SMITH Properties - William J. Mulrow

This filing details a grant of 18,036 LTIP Units to William J. Mulrow, a director at JBG SMITH Properties. These LTIP Units are part of the JBG SMITH Properties 2017 Omnibus Share Plan and are convertible into Operating Partnership Units, which in turn are redeemable for common shares of the Issuer. The LTIP Units vest immediately but have restrictions on sale while Mulrow serves as a trustee. The filing also notes the issuance of corresponding Class B shares to Mulrow, which have no economic rights. Following this transaction, Mulrow beneficially owns 87,230 LTIP Units.