GABLES REALTY LIMITED PARTNERSHIP 4

4 · GABLES REALTY LIMITED PARTNERSHIP · Filed Feb 11, 2005

Form 4

Period: 2005-02-09

Sr. VP, Secretary & CFO

Transactions

Exercise/Conversion
Employee Stock Option (Right to Buy)
2005-02-09−15,000→ 0 total
Exercise: $20.38Exp: 2005-05-16→ Common Shares (15,000 underlying)
Sale
Common Shares of Beneficial Interest
2005-02-09−500→ 108,869 total
Exercise: $35.54→ Units (500 underlying)
Sale
Common Shares of Beneficial Interest
2005-02-09−400→ 109,369 total
Exercise: $35.55→ Units (400 underlying)
Sale
Common Shares of Beneficial Interest
2005-02-09−2,700→ 105,769 total
Exercise: $35.52→ Units (2,700 underlying)
Sale
Common Shares of Beneficial Interest
2005-02-09−2,300→ 103,469 total
Exercise: $35.51→ Units (2,300 underlying)
Sale
Common Shares of Beneficial Interest
2005-02-09−8,700→ 94,769 total
Exercise: $35.50→ Units (8,700 underlying)
Exercise/Conversion
Common Shares of Beneficial Interest
2005-02-09+15,000→ 109,769 total
Exercise: $20.38→ Units (15,000 underlying)

Footnotes (2)

[F1]Grant to reporting person of option to buy 15,000 Common Shares of Gables Residential Trust (the "Company") vested in three equal installments on the first, second and third anniversaries of the May 16, 1995 grant date.
[F2]The issuer of the Common Shares is 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 he Company, an equal number of Common Shares.

Documents

1 file