PRENTISS PROPERTIES TRUST/MD 4
4 · PRENTISS PROPERTIES TRUST/MD · Filed Jul 29, 2005
Insider Transaction Report
Form 4
Imhoff Gregory S
Senior Vice President
Transactions
- Exercise/Conversion
Options
2005-07-27−3,333→ 6,667 totalExercise: $34.20From: 2005-02-23Exp: 2014-02-23→ Common Shares (3,333 underlying) - Exercise/Conversion
Common Shares
2005-07-27$34.20/sh+3,333$113,989→ 3,333 total - Tax Payment
Common Shares
2005-07-27$40.80/sh−2,802$114,322→ 531 total
Holdings
- 10,000
Options
Exercise: $34.80From: 2006-02-03Exp: 2015-02-03→ Common Shares (10,000 underlying) - 31,902
Common Shares of Beneficial Interest(CommonShares)
Footnotes (4)
- [F1]Represents 2,802 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. Imhoff. These shares were then placed in treasury. Mr. Imhoff retained the remaining balance of the Common Shares (531 Common Shares).
- [F2]The amount of securities beneficially owned (as shown in Column 5 on Page 1) reflect the correct number of securities beneficially owned. The original Form 3 filed on March 19, 2005 reflected the correct number of securities. However, it advertently reflected the Company's CIK and CCC numbers and that Form 3 is being amended to reflect Mr. Imhoff's CIK and CCC numbers.
- [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.