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4//SEC Filing

PRENTISS PROPERTIES TRUST/MD 4

Accession 0001011699-05-000046

CIK 0001011699operating

View on SEC.gov Company Profile

Filed

Jul 28, 8:00 PM ET

Accepted

Jul 29, 11:56 AM ET

Size

23.5 KB

Accession

0001011699-05-000046

Insider Transaction Report

Form 4

Period: 2005-07-27

PRENTISS PROPERTIES TRUST/MDPP

ERNST MICHAEL A

CFO & Executive Vice President

Transactions

Tax Payment
Common Shares
2005-07-28$40.80/sh−8,817$359,734→ 4,705 total
Tax Payment
Common Shares
2005-07-28$40.80/sh−4,000$163,200→ 4,705 total
Exercise/Conversion
Options
2005-07-28−8,817→ 17,633 total
Exercise: $34.20From: 2005-02-23Exp: 2014-02-23→ Common Shares (8,817 underlying)
Exercise/Conversion
Common Shares
2005-07-28$28.10/sh+4,000$112,400→ 8,705 total
Exercise/Conversion
Common Shares
2005-07-28$26.09/sh+10,334$269,614→ 19,151 total
Sale
Common Shares of Beneficial Interest(CommonShares)
2005-07-27$40.60/sh−5,000$203,000→ 63,147 total
Exercise/Conversion
Common Shares
2005-07-28$34.20/sh+8,817$301,541→ 8,817 total
Tax Payment
Common Shares
2005-07-28$40.80/sh−5,629$229,663→ 13,522 total
Exercise/Conversion
Options
2005-07-28−10,334→ 10,333 total
Exercise: $26.09From: 2004-03-05Exp: 2013-03-05→ Common Shares (10,334 underlying)
Exercise/Conversion
Options
2005-07-28−4,000→ 0 total
Exercise: $28.10From: 2003-02-28Exp: 2012-02-28→ Common Shares (4,000 underlying)

Holdings

Options
Exercise: $34.80From: 2006-02-03Exp: 2015-02-03→ Common Shares (27,000 underlying)
27,000

Footnotes (4)

[F1]Represents 18,446 Common Shares withheld by the Company to satisfy the option exercise price and payroll tax withholding obligation due upon the exercise of options held by Mr. Ernst. These shares were then placed in treasury. Mr. Ernst retained the remaining balance of the Common Shares (4,705 Common Shares).
[F2]Options will become exercisable for one-third of the covered Common Shares on 03/05/04, 03/05/05 and for the balance of the covered Common Shares on 03/05/06.
[F3]Options will become exercisable for one-third of the covered Common Shares on 02/23/05, 02/23/06 and for the balance of the covered Common Shares on 02/23/07.
[F4]Options will become exercisable for one-third of the Common Shares 02/03/06, 02/03/07 and for the balance of the covered Common Shares on 02/03/08.

Documents

1 file

4
ern232.xmlPrimary

Issuer

PRENTISS PROPERTIES TRUST/MD

CIK 0001011699

Entity typeoperating

Related Parties

1

filerCIK 0001011699

Filing Metadata

Form type: 4
Filed: Jul 28, 8:00 PM ET
Accepted: Jul 29, 11:56 AM ET
Size: 23.5 KB

View on SEC.gov