8-K 1 bst02004.txt DECEMBER 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 26, 2003 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2002-4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-68542-03 52-2365547 Pooling and Servicing Agreement) (Commission 52-2365548 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On December 26, 2003 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2002-4 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-4 Trust, relating to the December 26, 2003 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2002-4 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 1/7/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-4 Trust, relating to the December 26, 2003 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 911/30/03 Distribution Date: 1012/2726/03 BST Series: 2002-4 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A 07384MKL5 SEN 5.~~63924~~61769% ~~140~~110,~~721~~882,~~062~~686.3961 ~~661~~519,~~299~~086.8969 189,~~792~~341,~~362~~875.1942 X 07384MKP6 SEN 0.27760% 0.00 3225,~~553~~650.4786 0.00 R-1 07384MKM3 SEN 5.~~93844~~93848% 0.00 0.00 0.00 R-2 07384MKN1 SEN 5.~~93844~~93848% 0.00 0.00 0.00 B-1 07384MKQ4 SUB 5.~~91684~~89529% 3,~~969~~553,~~162~~065.9024 1917,~~570~~455.7528 ~~254~~143,~~818~~170.8082 B-2 07384MKR2 SUB 5.~~91684~~89529% 32,~~024~~707,~~228~~191.9617 1413,~~911~~299.5772 ~~194~~109,~~154~~086.3831 B-3 07384MKS0 SUB 5.~~91684~~89529% 21,~~079~~861,~~030~~080.8161 109,~~251~~143.0800 ~~133~~74,~~473~~992.0127 B-4 07384MKT8 SUB 5.~~91684~~89529% ~~756~~676,~~035~~778.2209 3,~~727~~324.7883 4827,~~537~~270.1878 B-5 07384MKV3 SUB 5.~~91684~~89529% ~~756~~676,~~035~~778.2209 3,~~727~~324.7883 4827,~~537~~270.1878 B-6 07384MKX9 SUB 5.~~91684~~89529% ~~756~~676,~~123~~857.9047 3,~~728~~325.22 4827,~~542~~273.8898 Totals ~~152~~121,~~061~~034,~~679~~437.4028 ~~749~~594,~~770~~610.5443 199,~~520~~750,~~425~~940.6236

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A 0.00 ~~121~~101,~~928~~540,~~700~~811.20 19 9,~~453~~860,~~662~~962.0811 0.00 X 0.00 0.00 3225,~~553~~650.4786 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 B-1 0.00 3,~~714~~409,~~344~~894.1142 ~~274~~160,~~389~~626.5510 0.00 B-2 0.00 2,~~830~~598,~~074~~104.5787 ~~209~~122,~~065~~386.9503 0.00 B-3 0.00 1,~~945~~786,~~557~~088.8034 ~~143~~84,~~724~~135.0927 0.00 B-4 0.00 ~~707~~649,~~498~~507.0430 5230,~~264~~595.9661 0.00 B-5 0.00 ~~707~~649,~~498~~507.0430 5230,~~264~~595.9661 0.00 B-6 0.00 ~~707~~649,~~581~~583.0349 5230,~~271~~599.1020 0.00 Totals 0.00 ~~132~~111,~~541~~283,~~253~~496.7991 2010,~~270~~345,~~196~~550.1679 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A 416,373,900.00 ~~140~~110,~~721~~882,~~062~~686.3961 32,~~869~~958.8921 189,~~788~~338,~~492~~917.3020 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 R-1 50.00 0.00 0.00 0.00 0.00 0.00 R-2 50.00 0.00 0.00 0.00 0.00 0.00 B-1 4,507,100.00 3,~~969~~553,~~162~~065.9024 ~~109~~94.1579 ~~254~~143,~~709~~076.6402 0.00 0.00 B-2 3,434,100.00 32,~~024~~707,~~228~~191.9617 8372.1722 ~~194~~109,~~071~~014.2208 0.00 0.00 B-3 2,360,800.00 21,~~079~~861,~~030~~080.8161 5749.1765 ~~133~~74,~~415~~942.8462 0.00 0.00 B-4 858,500.00 ~~756~~676,~~035~~778.2209 2018.7906 4827,~~516~~252.3973 0.00 0.00 B-5 858,500.00 ~~756~~676,~~035~~778.2209 2018.7906 4827,~~516~~252.3973 0.00 0.00 B-6 858,600.73 ~~756~~676,~~123~~857.9047 2018.7906 4827,~~522~~255.0892 0.00 0.00 Totals 429,251,600.73 ~~152~~121,~~061~~034,~~679~~437.4028 43,~~181~~229.7505 199,~~516~~747,~~243~~711.8630 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A 189,~~792~~341,~~362~~875.1942 ~~121~~101,~~928~~540,~~700~~811.2019 0.~~29283464~~24386930 189,~~792~~341,~~362~~875.1942 X 0.00 0.00 0.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 B-1 ~~254~~143,~~818~~170.8082 3,~~714~~409,~~344~~894.1142 0.~~82410954~~75656063 ~~254~~143,~~818~~170.8082 B-2 ~~194~~109,~~154~~086.3831 2,~~830~~598,~~074~~104.5787 0.~~82410954~~75656063 ~~194~~109,~~154~~086.3831 B-3 ~~133~~74,~~473~~992.0127 1,~~945~~786,~~557~~088.8034 0.~~82410954~~75656063 ~~133~~74,~~473~~992.0127 B-4 4827,~~537~~270.1878 ~~707~~649,~~498~~507.0430 0.~~82410954~~75656063 4827,~~537~~270.1878 B-5 4827,~~537~~270.1878 ~~707~~649,~~498~~507.0430 0.~~82410954~~75656063 4827,~~537~~270.1878 B-6 4827,~~542~~273.8898 ~~707~~649,~~581~~583.0349 0.~~82410951~~75656061 4827,~~542~~273.8898 Totals 199,~~520~~750,~~425~~940.6236 ~~132~~111,~~541~~283,~~253~~496.7991 0.~~30877288~~25925005 199,~~520~~750,~~425~~940.6236

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 416,373,900.00 ~~337~~266.~~96801959~~30556481 0.~~00929427~~00710470 4522.~~12408751~~42916091 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-1 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,507,100.00 ~~880~~788.~~64673515~~32624969 0.~~02421735~~02103126 5631.~~51297730~~74458521 0.00000000 B-2 3,434,100.00 ~~880~~788.~~64673714~~32624851 0.~~02421886~~02103026 5631.~~51297866~~74458519 0.00000000 B-3 2,360,800.00 ~~880~~788.~~64673416~~32624958 0.~~02421637~~02103101 5631.~~51297865~~74458658 0.00000000 B-4 858,500.00 ~~880~~788.~~64673267~~32625510 0.~~02421666~~02103669 5631.~~51297612~~74458940 0.00000000 B-5 858,500.00 ~~880~~788.~~64673267~~32625510 0.~~02421666~~02103669 5631.~~51297612~~74458940 0.00000000 B-6 858,600.73 ~~880~~788.~~64670059~~32622236 0.~~02421382~~02103422 5631.~~51297315~~74458051 0.00000000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A 0.00000000 4522.~~13338178~~43626563 ~~292~~243.~~83463781~~86929918 0.~~29283464~~24386930 4522.~~13338178~~43626563 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 5631.~~53719687~~76561869 ~~824~~756.~~10954050~~56063100 0.~~82410954~~75656063 5631.~~53719687~~76561869 B-2 0.00000000 5631.~~53719461~~76561836 ~~824~~756.~~10953962~~56063306 0.~~82410954~~75656063 5631.~~53719461~~76561836 B-3 0.00000000 5631.~~53719502~~76561759 ~~824~~756.~~10953914~~56063199 0.~~82410954~~75656063 5631.~~53719502~~76561759 B-4 0.00000000 5631.~~53719278~~76561444 ~~824~~756.~~10953990~~56062900 0.~~82410954~~75656063 5631.~~53719278~~76561444 B-5 0.00000000 5631.~~53719278~~76561444 ~~824~~756.~~10953990~~56062900 0.~~82410954~~75656063 5631.~~53719278~~76561444 B-6 0.00000000 5631.~~53719861~~76561473 ~~824~~756.~~10951363~~56060763 0.~~82410951~~75656061 5631.~~53719861~~76561473 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A 416,373,900.00 5.~~63924~~61769% ~~140~~110,~~721~~882,~~062~~686.3961 ~~661~~519,~~299~~086.8969 0.00 0.00 X 0.00 0.27760% ~~140~~110,~~721~~882,~~062~~686.3961 3225,~~553~~650.4786 0.00 0.00 R-1 50.00 5.~~93844~~93848% 0.00 0.00 0.00 0.00 R-2 50.00 5.~~93844~~93848% 0.00 0.00 0.00 0.00 B-1 4,507,100.00 5.~~91684~~89529% 3,~~969~~553,~~162~~065.9024 1917,~~570~~455.7528 0.00 0.00 B-2 3,434,100.00 5.~~91684~~89529% 32,~~024~~707,~~228~~191.9617 1413,~~911~~299.5772 0.00 0.00 B-3 2,360,800.00 5.~~91684~~89529% 21,~~079~~861,~~030~~080.8161 109,~~251~~143.0800 0.00 0.00 B-4 858,500.00 5.~~91684~~89529% ~~756~~676,~~035~~778.2209 3,~~727~~324.7883 0.00 0.00 B-5 858,500.00 5.~~91684~~89529% ~~756~~676,~~035~~778.2209 3,~~727~~324.7883 0.00 0.00 B-6 858,600.73 5.~~91684~~89529% ~~756~~676,~~123~~857.9047 3,~~728~~325.22 0.00 0.00 Totals 429,251,600.73 ~~749~~594,~~770~~610.5443 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A 0.00 0.00 ~~661~~519,~~299~~086.8969 0.00 ~~121~~101,~~928~~540,~~700~~811.2019 X 0.00 0.00 3225,~~553~~650.4786 0.00 ~~121~~101,~~928~~540,~~700~~811.2019 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 1917,~~570~~455.7528 0.00 3,~~714~~409,~~344~~894.1142 B-2 0.00 0.00 1413,~~911~~299.5772 0.00 2,~~830~~598,~~074~~104.5787 B-3 0.00 0.00 109,~~251~~143.0800 0.00 1,~~945~~786,~~557~~088.8034 B-4 0.00 0.00 3,~~727~~324.7883 0.00 ~~707~~649,~~498~~507.0430 B-5 0.00 0.00 3,~~727~~324.7883 0.00 ~~707~~649,~~498~~507.0430 B-6 0.00 0.00 3,~~728~~325.22 0.00 ~~707~~649,~~581~~583.0349 Totals 0.00 0.00 ~~749~~594,~~770~~610.5443 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A 416,373,900.00 5.~~63924~~61769% ~~337~~266.~~96801959~~30556481 1.~~58823569~~24668403 0.00000000 0.00000000 X 0.00 0.27760% ~~337~~266.~~96801959~~30556481 0.~~07818326~~06160535 0.00000000 0.00000000 R-1 50.00 5.~~93844~~93848% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 5.~~93844~~93848% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,507,100.00 5.~~91684~~89529% ~~880~~788.~~64673515~~32624969 43.~~34220452~~87284063 0.00000000 0.00000000 B-2 3,434,100.00 5.~~91684~~89529% ~~880~~788.~~64673714~~32624851 43.~~34220611~~87284005 0.00000000 0.00000000 B-3 2,360,800.00 5.~~91684~~89529% ~~880~~788.~~64673416~~32624958 43.~~34220603~~87283972 0.00000000 0.00000000 B-4 858,500.00 5.~~91684~~89529% ~~880~~788.~~64673267~~32625510 43.~~34220151~~87283634 0.00000000 0.00000000 B-5 858,500.00 5.~~91684~~89529% ~~880~~788.~~64673267~~32625510 43.~~34220151~~87283634 0.00000000 0.00000000 B-6 858,600.73 5.~~91684~~89529% ~~880~~788.~~64670059~~32622236 43.~~34220455~~87283621 0.00000000 0.00000000 (5) Per $1 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A 0.00000000 0.00000000 1.~~58823569~~24668403 0.00000000 ~~292~~243.~~83463781~~86929918 X 0.00000000 0.00000000 0.~~07818326~~06160535 0.00000000 ~~292~~243.~~83463781~~86929918 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 43.~~34220452~~87284063 0.00000000 ~~824~~756.~~10954050~~56063100 B-2 0.00000000 0.00000000 43.~~34220611~~87284005 0.00000000 ~~824~~756.~~10953962~~56063306 B-3 0.00000000 0.00000000 43.~~34220603~~87283972 0.00000000 ~~824~~756.~~10953914~~56063199 B-4 0.00000000 0.00000000 43.~~34220151~~87283634 0.00000000 ~~824~~756.~~10953990~~56062900 B-5 0.00000000 0.00000000 43.~~34220151~~87283634 0.00000000 ~~824~~756.~~10953990~~56062900 B-6 0.00000000 0.00000000 43.~~34220455~~87283621 0.00000000 ~~824~~756.~~10951363~~56060763 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 2010,~~309~~362,~~619~~997.6877 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 515,~~514~~482.4108 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 2010,~~315~~378,~~134~~479.0985 Withdrawals Reimbursement for Servicer Advances 137,~~258~~713.4155 Payment of Service Fee 3125,~~679~~215.5251 Payment of Interest and Principal 2010,~~270~~345,~~196~~550.1679 Total Withdrawals (Pool Distribution Amount) 2010,~~315~~378,~~134~~479.0985 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 3125,~~679~~215.5251 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 3125,~~679~~215.5251

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 13 0 0 0 13 ~~998~~2,~~836~~845,436.7875 0.00 0.00 0.00 ~~998~~2,~~836~~845,436.7875 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 13 0 0 0 13 ~~998~~2,~~836~~845,436.7875 0.00 0.00 0.00 ~~998~~2,~~836~~845,436.7875 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~366300~~255230% 0.000000% 0.000000% 0.000000% 01.~~366300~~255230% 02.~~753586~~556839% 0.000000% 0.000000% 0.000000% 02.~~753586~~556839% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 01.~~366300~~255230% 0.000000% 0.000000% 0.000000% 01.~~366300~~255230% 02.~~753586~~556839% 0.000000% 0.000000% 0.000000% 02.~~753586~~556839%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 515,~~514~~482.4108

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.~~166840~~145285% Weighted Average Net Coupon 5.~~916840~~895285% Weighted Average Pass-Through Rate 5.~~916840~~895285% Weighted Average Maturity(Stepdown Calculation ) ~~339~~337 Beginning Scheduled Collateral Loan Count ~~311~~251 Number Of Loans Paid In Full 3812 Ending Scheduled Collateral Loan Count ~~273~~239 Beginning Scheduled Collateral Balance ~~152~~121,~~061~~034,~~679~~437.4127 Ending Scheduled Collateral Balance ~~132~~111,~~541~~283,~~253~~496.7991 Ending Actual Collateral Balance at 30-~~Sep~~Nov-2003 ~~132~~111,~~544~~287,~~585~~299.1296 Monthly P &I Constant ~~785~~623,~~631~~055.8200 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~132~~111,~~541~~283,~~253~~496.7991 Scheduled Principal 43,~~181~~229.7605 Unscheduled Principal 199,~~516~~747,~~243~~711.8631

Miscellaneous Reporting Average Loss Severity 0 Senior Percentage 9291.~~542094~~612511% Senior Prepayment Percentage 9695.~~271047~~806256% Subordinate Percentage 78.~~457906~~387489% Subordinate Prepayment Percentage 34.~~728953~~193744%

Filing Compare · BEAR STEARNS ARM TRUST MORTGAGE PASS THR CERT SERIES 2002-4