Transaction Details

Footnotes

Each Operating Partnership Unit ("OP Unit") in JBG SMITH Properties LP, the operating partnership of JBG SMITH Properties (the "Issuer"), is redeemable by the holder for one common share of the Issuer, par value $0.01 (a "Common Share"), or the cash value of a Common Share, at the Issuer's option. | This transaction involved a gift of OP Units by Mr. Stewart's spouse, who shares Mr. Stewart's household, to Stewart Holdings II LLC, of which Mr. Stewart is the sole member.