KRAMONT REALTY TRUST 4
4 · KRAMONT REALTY TRUST · Filed Apr 20, 2005
Insider Transaction Report
Form 4Exit
LEVY H IRWIN
Director
Transactions
- Disposition to Issuer
Common Shares of Beneficial Interest $.01 Par Value
[F2]2005-04-18$23.50/sh−570,836$13,414,646→ 0 total - Disposition to Issuer
Common Shares of Beneficial Interest $.01 Par Value
[F1][F2]2005-04-18$23.50/sh−209,700$4,927,950→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common Shares of Beneficial Interest $.01 Par Value
[F2]2005-04-18$23.50/sh−101,292$2,380,362→ 0 total(indirect: by MLL Corporation) - Disposition to Issuer
Options
[F3]2005-04-18$6.70/sh−5,000$33,500→ 0 totalExercise: $16.80Exp: 2013-06-11→ Common Shares (5,000 underlying)
Footnotes (3)
- [F1]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]Disposed of pursuant to merger agreement between issuer and CWAR OP Merger Sub III Trust.
- [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 $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.
Signature
/s/ Etta M. Strehle, Attorney-in-Fact for H. Irwin Levy|2005-04-20