MCINTYRE JOHN W 4
4 · GABLES REALTY LIMITED PARTNERSHIP · Filed Jan 18, 2005
Insider Transaction Report
Form 4
MCINTYRE JOHN W
Director
Transactions
- Award
Phantom Stock Units
2005-01-13+1,000→ 10,481 total→ Common Shares (1,000 underlying)
Footnotes (2)
- [F1]The issuer of the common shares is Gables Residential Trust (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.
- [F2]These phantom stock units were accrued pursuant to compensation arrangements approved by the Compensation Committee and will be settled in common shares either in a lump sum or annual installments following the reporting person's termination of membership on the Board of Trustees or upon a change of control of the Company.