KRAMONT REALTY TRUST 4
4 · KRAMONT REALTY TRUST · Filed Apr 20, 2005
Insider Transaction Report
Form 4
KORMAN BERNARD J
Director
Transactions
- Disposition to Issuer
Options
2005-04-18$10.51/sh−5,000$52,525→ 0 totalExercise: $12.99Exp: 2011-06-20→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Shares of Beneficial Interest $.01 Par Value
2005-04-18$23.50/sh−14,986$352,171→ 0 total - Disposition to Issuer
Options
2005-04-18$4.31/sh−3,000$12,930→ 0 totalExercise: $19.19Exp: 2008-03-11→ Common Stock (3,000 underlying) - Disposition to Issuer
Options
2005-04-18$7.50/sh−1,500$11,250→ 0 totalExercise: $16.00Exp: 2007-04-30→ Common Stock (1,500 underlying)
Footnotes (6)
- [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 $11,250.00, 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 $12,930.00, 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 $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.
- [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 $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.
- [F6]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.