WHEELER CHRIS 4

4 · GABLES REALTY LIMITED PARTNERSHIP · Filed Sep 16, 2003

Form 4

Period: 2003-09-12

DirectorChairman and CEO

Transactions

Exercise/Conversion
Employee Stock Option (Right to Buy)
2003-09-12−7,600→ 192,400 total
Exercise: $23.88Exp: 2009-05-25→ Common Shares (7,600 underlying)
Sale
Common Shares of Beneficial Interest, $0.01 par value
2003-09-12−7,600→ 52,159 total
Exercise: $32.05→ Units (7,600 underlying)
Exercise/Conversion
Common Shares of Beneficial Interest, $0.01 par value
2003-09-12+7,600→ 59,759 total
Exercise: $23.88→ Units (7,600 underlying)

Footnotes (3)

[F1]Grant to reporting person of option to buy 200,000 common shares of Gables Residential Trust (the "Company") vested in three equal installments on the first, second and third anniversaries of the May 25, 1999 grant date.
[F2]The issuer of the common shares the Company, which is the 100% owner of Gables GP, Inc., the general partner of Gables Realty Limited Partnership (the "Partnership"). Units of the Partnership are redeemable for cash equal to the fair market value of such shares at the time of redemption or, at the election of the Company, an equal number of common shares.
[F3]Date exercisable and expiration date are not applicable to Units of the Partnership.

Documents

1 file