KRAMONT REALTY TRUST 4
4 · KRAMONT REALTY TRUST · Filed Apr 20, 2005
Insider Transaction Report
Form 4
SCHNEIDER MILTON S
Director
Transactions
- Disposition to Issuer
Options
2005-04-18$9.00/sh−5,000$45,000→ 0 totalExercise: $14.50Exp: 2008-01-15→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Shares of Beneficial Interest $.01 Par Value
2005-04-18$23.50/sh−76,000$1,786,000→ 0 total
Footnotes (5)
- [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 $45,000.00, 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 was fully vested at the time of the merger and was cancelled in the merger in exchange for a cash payment of $52,525.00, 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.
- [F4]This option was fully vested at the time of the merger and was cancelled in the merger in exchange for a cash payment of $41,750.00, 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.
- [F5]This option was fully vested at the time of the merger and was cancelled in the merger in exchange for a cash payment of $33,500.00, 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.