KRAMONT REALTY TRUST 4
4 · KRAMONT REALTY TRUST · Filed Apr 20, 2005
Insider Transaction Report
Form 4
DEMUTH GEORGE S
COO, Executive Vice President
Transactions
- Disposition to Issuer
Common Shares of Beneficial Interest $.01 Par Value
2005-04-18$23.50/sh−31,945$750,708→ 0 total - Disposition to Issuer
Options
2005-04-18$13.34/sh−2,000$26,680→ 0 totalExercise: $10.16Exp: 2010-06-16→ Common Stock (2,000 underlying) - Disposition to Issuer
Options
2005-04-18$4.44/sh−7,500$33,300→ 0 totalExercise: $19.06Exp: 2008-03-16→ Common Stock (7,500 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement between issuer and CWAR OP Merger Sub III Trust.
- [F2]This option was fully vested at the time of the merger and was cancelled in the merger in exchange for a cash payment of $33,300.00, representing the excess of $23.50 per share, in cash, without interest, over the exercise price per share of the option, multiplied by the number of common shares subject to the option.
- [F3]This option, which provided for vesting in five equal annual installments beginning June 16, 2000, was fully vested as a result of the merger and cancelled in exchange for a cash payment of $26,680.00, representing the excess of $23.50 per share, in cash, without interest, over the exercise price per share of the option, multiplied by the number of common shares subject to the option.