PRENTISS MICHAEL V 4
4 · PRENTISS PROPERTIES TRUST/MD · Filed Feb 7, 2005
Insider Transaction Report
Form 4
PRENTISS MICHAEL V
DirectorOther
Transactions
- Sale
Common Shares of Beneficial Interest(CommonShares)
2005-02-07$35.65/sh−100,000$3,564,560→ 1,651,705 total
Holdings
- 333,387(indirect: By Trust)
Redeemable Units of limited partnership interest
Exercise: $0.00From: 1998-10-22Exp: 2050-12-31→ Common Shares (333,387 underlying) - 262,733
Redeemable Units of limited partnership interest
Exercise: $0.00From: 1998-10-22Exp: 2050-12-31→ Common Shares (262,733 underlying) - 410,968(indirect: By Trust)
Common Shares of Beneficial Interest(CommonShares)
Footnotes (3)
- [F1]Mr. Prentiss' indirect position includes a) 37,424 shares owned through the Company's KEYSOP Deferred Compensation Plan. The Trustee, Merrill Lynch, has authority to vote the shares; b) 22,225 Common Shares owned by the Prentiss Foundation, a foundation established by Mr. Prentiss, of which Mr. Prentiss disclaims beneficial ownership; and c) 410,968 Common Shares owned by certain Grantor Retained Annuity Trusts established by Mr. Prentiss, of which Mr. Prentiss disclaims beneficial ownership.
- [F2]Each Unit may be redeemed for one Common Share.
- [F3]Each Unit may be redeemed for one Common Share. Includes Units redeemable for 333,387 Common Shares which are held in a trust of which Mr. Prentiss is not a trustee, and of which Mr. Prentiss disclaims beneficial ownership.