PRENTISS PROPERTIES TRUST/MD 4
4 · PRENTISS PROPERTIES TRUST/MD · Filed Jul 29, 2005
Insider Transaction Report
Form 4
CUSHING DANIEL K
Senior Vice President
Transactions
- Exercise/Conversion
Common Shares
2005-07-27$26.09/sh+5,000$130,450→ 9,438 total - Tax Payment
Common Shares
2005-07-27$40.80/sh−3,000$122,400→ 6,438 total - Exercise/Conversion
Common Shares
2005-07-27$28.10/sh+4,438$124,708→ 4,438 total - Exercise/Conversion
Options
2005-07-27−4,438→ 4,096 totalExercise: $28.10From: 2003-02-28Exp: 2012-02-28→ Common Shares (4,438 underlying) - Exercise/Conversion
Options
2005-07-27−5,000→ 5,000 totalExercise: $26.09From: 2004-03-05Exp: 2013-03-05→ Common Shares (5,000 underlying) - Tax Payment
Common Shares
2005-07-27$40.80/sh−3,300$134,640→ 3,138 total
Holdings
- 22,000
Options
Exercise: $34.20From: 2005-02-23Exp: 2014-02-23→ Common Shares (22,000 underlying) - 31,194
Common Shares of Beneficial Interest(CommonShares)
- 500(indirect: By Trust)
Common Shares
- 30,000
Options
Exercise: $34.80From: 2006-02-03Exp: 2015-02-03→ Common Shares (30,000 underlying)
Footnotes (6)
- [F1]Represents 6,300 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. Cushing. These shares were then placed in treasury. Mr. Cushing retained the remaining balance of the Common Shares (3,138 Common Shares).
- [F2]Shares held by Cushing Children's Trust UAD 3/10/99, Rebecca S. Cushing Trustee, a trust in which Dan Cushing disclaims any beneficial interest.
- [F3]Options will become exercisable for one-third of the Common Shares 02/28/02, 02/28/03 and for the balance of the covered Common Shares on 02/28/04.
- [F4]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.
- [F5]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.
- [F6]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.