PRENTISS PROPERTIES TRUST/MD 4
4 · PRENTISS PROPERTIES TRUST/MD · Filed Jul 29, 2005
Insider Transaction Report
Form 4
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 totalExercise: $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 totalExercise: $26.09From: 2004-03-05Exp: 2013-03-05→ Common Shares (10,334 underlying) - Exercise/Conversion
Options
2005-07-28−4,000→ 0 totalExercise: $28.10From: 2003-02-28Exp: 2012-02-28→ Common Shares (4,000 underlying)
Holdings
- 27,000
Options
Exercise: $34.80From: 2006-02-03Exp: 2015-02-03→ Common Shares (27,000 underlying)
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.