8-K 1 bst02004.txt MARCH 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): March 25, 2004 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, 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 March 25, 2004 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 March 25, 2004 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, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 4/6/2004 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 March 25, 2004 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 122/3129/032004 Distribution Date: 13/2625/042004 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.~~58958~~60834% ~~101~~92,~~540~~510,~~811~~544.1933 ~~472~~432,~~975~~358.4494 56,~~489~~531,~~631~~063.8768 X 07384MKP6 SEN 0.27760% 0.00 2321,~~489~~400.77 0.00 R-1 07384MKM3 SEN 5.~~93846~~93842% 0.00 0.00 0.00 R-2 07384MKN1 SEN 5.~~93846~~93842% 0.00 0.00 0.00 B-1 07384MKQ4 SUB 5.~~86718~~88594% 3,~~409~~263,~~894~~490.4200 16,~~672~~007.0526 88109,~~007~~726.6104 B-2 07384MKR2 SUB 5.~~86718~~88594% 2,~~598~~486,~~104~~554.8777 12,~~702~~196.9643 6783,~~055~~603.7469 B-3 07384MKS0 SUB 5.~~86718~~88594% 1,~~786~~709,~~088~~402.3432 8,~~732~~384.7554 4657,~~098~~474.0104 B-4 07384MKT8 SUB 5.~~86718~~88594% ~~649~~621,~~507~~620.3059 3,~~175~~049.6502 1620,~~763~~900.4531 B-5 07384MKV3 SUB 5.~~86718~~88594% ~~649~~621,~~507~~620.3059 3,~~175~~049.6502 1620,~~763~~900.4531 B-6 07384MKX9 SUB 5.~~86718~~88594% ~~649~~621,~~583~~693.4950 3,~~176~~049.0238 1620,~~765~~902.4177 Totals ~~111~~101,~~283~~834,~~496~~926.9110 ~~544~~499,~~100~~495.2936 56,~~741~~844,~~085~~570.5484

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A 0.00 9685,~~051~~979,~~179~~480.3265 56,~~962~~963,~~607~~422.3162 0.00 X 0.00 0.00 2321,~~489~~400.77 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,~~321~~153,~~886~~763.8296 ~~104~~125,~~679~~733.6630 0.00 B-2 0.00 2,~~531~~402,~~049~~951.1308 7995,~~758~~800.7012 0.00 B-3 0.00 1,~~739~~651,~~990~~928.3328 5465,~~830~~858.7658 0.00 B-4 0.00 ~~632~~600,~~743~~720.8628 1923,~~939~~949.1033 0.00 B-5 0.00 ~~632~~600,~~743~~720.8628 1923,~~939~~949.1033 0.00 B-6 0.00 ~~632~~600,~~818~~790.0773 1923,~~941~~952.4315 0.00 Totals 0.00 ~~105~~94,~~542~~990,~~411~~355.3926 67,~~285~~344,~~185~~066.8320 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 ~~101~~92,~~540~~510,~~811~~544.1933 2,~~968~~978.4917 56,~~486~~528,~~663~~085.3851 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,~~409~~263,~~894~~490.4200 99105.6906 87109,~~907~~620.9298 0.00 0.00 B-2 3,434,100.00 2,~~598~~486,~~104~~554.8777 7580.9505 6683,~~979~~523.7864 0.00 0.00 B-3 2,360,800.00 1,~~786~~709,~~088~~402.3432 5255.2203 4657,~~045~~419.8001 0.00 0.00 B-4 858,500.00 ~~649~~621,~~507~~620.3059 1820.9901 1620,~~744~~880.4630 0.00 0.00 B-5 858,500.00 ~~649~~621,~~507~~620.3059 1820.9901 1620,~~744~~880.4630 0.00 0.00 B-6 858,600.73 ~~649~~621,~~583~~693.4950 1820.9901 1620,~~746~~882.4275 0.00 0.00 Totals 429,251,600.73 ~~111~~101,~~283~~834,~~496~~926.9110 3,~~253~~278.3234 56,~~737~~841,~~832~~292.2249 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 56,~~489~~531,~~631~~063.8768 9685,~~051~~979,~~179~~480.3265 0.~~23068492~~20649585 56,~~489~~531,~~631~~063.8768 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 88109,~~007~~726.6104 3,~~321~~153,~~886~~763.8296 0.~~73703419~~69973241 88109,~~007~~726.6104 B-2 6783,~~055~~603.7469 2,~~531~~402,~~049~~951.1308 0.~~73703420~~69973241 6783,~~055~~603.7469 B-3 4657,~~098~~474.0104 1,~~739~~651,~~990~~928.3328 0.~~73703420~~69973241 4657,~~098~~474.0104 B-4 1620,~~763~~900.4531 ~~632~~600,~~743~~720.8628 0.~~73703420~~69973242 1620,~~763~~900.4531 B-5 1620,~~763~~900.4531 ~~632~~600,~~743~~720.8628 0.~~73703420~~69973242 1620,~~763~~900.4531 B-6 1620,~~765~~902.4177 ~~632~~600,~~818~~790.0773 0.~~73703416~~69973238 1620,~~765~~902.4177 Totals 56,~~741~~844,~~085~~570.5484 ~~105~~94,~~542~~990,~~411~~355.3926 0.~~24587541~~22129296 56,~~741~~844,~~085~~570.5484

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 416,373,900.00 ~~243~~222.~~86929918~~18141994 0.~~00712939~~00715263 1315.~~17725098~~67842151 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 ~~756~~724.~~56063100~~07756651 0.~~02211844~~02330989 1924.~~50431985~~32184331 0.00000000 B-2 3,434,100.00 ~~756~~724.~~56063306~~07756617 0.~~02211642~~02331033 1924.~~50431845~~32184270 0.00000000 B-3 2,360,800.00 ~~756~~724.~~56063199~~07756693 0.~~02211962~~02330989 1924.~~50432057~~32184429 0.00000000 B-4 858,500.00 ~~756~~724.~~56062900~~07756552 0.~~02211998~~02330810 1924.~~50432149~~32184042 0.00000000 B-5 858,500.00 ~~756~~724.~~56062900~~07756552 0.~~02211998~~02330810 1924.~~50432149~~32184042 0.00000000 B-6 858,600.73 ~~756~~724.~~56060763~~07753485 0.~~02211738~~02330536 1924.~~50431605~~32184049 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 1315.~~18438036~~68557414 ~~230~~206.~~68491882~~49584580 0.~~23068492~~20649585 1315.~~18438036~~68557414 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 1924.~~52643829~~34515320 ~~737~~699.~~03419494~~73241330 0.~~73703419~~69973241 1924.~~52643829~~34515320 B-2 0.00000000 1924.~~52643779~~34515302 ~~737~~699.~~03419528~~73241315 0.~~73703420~~69973241 1924.~~52643779~~34515302 B-3 0.00000000 1924.~~52643595~~34515419 ~~737~~699.~~03419604~~73241274 0.~~73703420~~69973241 1924.~~52643595~~34515419 B-4 0.00000000 1924.~~52644147~~34514851 ~~737~~699.~~03419918~~73241701 0.~~73703420~~69973242 1924.~~52644147~~34514851 B-5 0.00000000 1924.~~52644147~~34514851 ~~737~~699.~~03419918~~73241701 0.~~73703420~~69973242 1924.~~52644147~~34514851 B-6 0.00000000 1924.~~52643343~~34515750 ~~737~~699.~~03416255~~73237735 0.~~73703416~~69973238 1924.~~52643343~~34515750 (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.~~58958~~60834% ~~101~~92,~~540~~510,~~811~~544.1933 ~~472~~432,~~975~~358.4494 0.00 0.00 X 0.00 0.27760% ~~101~~92,~~540~~510,~~811~~544.1933 2321,~~489~~400.77 0.00 0.00 R-1 50.00 5.~~93846~~93842% 0.00 0.00 0.00 0.00 R-2 50.00 5.~~93846~~93842% 0.00 0.00 0.00 0.00 B-1 4,507,100.00 5.~~86718~~88594% 3,~~409~~263,~~894~~490.4200 16,~~672~~007.0526 0.00 0.00 B-2 3,434,100.00 5.~~86718~~88594% 2,~~598~~486,~~104~~554.8777 12,~~702~~196.9643 0.00 0.00 B-3 2,360,800.00 5.~~86718~~88594% 1,~~786~~709,~~088~~402.3432 8,~~732~~384.7554 0.00 0.00 B-4 858,500.00 5.~~86718~~88594% ~~649~~621,~~507~~620.3059 3,~~175~~049.6502 0.00 0.00 B-5 858,500.00 5.~~86718~~88594% ~~649~~621,~~507~~620.3059 3,~~175~~049.6502 0.00 0.00 B-6 858,600.73 5.~~86718~~88594% ~~649~~621,~~583~~693.4950 3,~~176~~049.0238 0.00 0.00 Totals 429,251,600.73 ~~544~~499,~~100~~495.2936 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 ~~472~~432,~~975~~358.4494 0.00 9685,~~051~~979,~~179~~480.3265 X 0.00 0.00 2321,~~489~~400.77 0.00 9685,~~051~~979,~~179~~480.3265 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 16,~~672~~007.0526 0.00 3,~~321~~153,~~886~~763.8296 B-2 0.00 0.00 12,~~702~~196.9643 0.00 2,~~531~~402,~~049~~951.1308 B-3 0.00 0.00 8,~~732~~384.7554 0.00 1,~~739~~651,~~990~~928.3328 B-4 0.00 0.00 3,~~175~~049.6502 0.00 ~~632~~600,~~743~~720.8628 B-5 0.00 0.00 3,~~175~~049.6502 0.00 ~~632~~600,~~743~~720.8628 B-6 0.00 0.00 3,~~176~~049.0238 0.00 ~~632~~600,~~818~~790.0773 Totals 0.00 0.00 ~~544~~499,~~100~~495.2936 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.~~58958~~60834% ~~243~~222.~~86929918~~18141994 1.~~13593921~~03839107 0.00000000 0.00000000 X 0.00 0.27760% ~~243~~222.~~86929918~~18141994 0.~~05641509~~05139796 0.00000000 0.00000000 R-1 50.00 5.~~93846~~93842% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 5.~~93846~~93842% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,507,100.00 5.~~86718~~88594% ~~756~~724.~~56063100~~07756651 3.~~69906370~~55156531 0.00000000 0.00000000 B-2 3,434,100.00 5.~~86718~~88594% ~~756~~724.~~56063306~~07756617 3.~~69906526~~55156518 0.00000000 0.00000000 B-3 2,360,800.00 5.~~86718~~88594% ~~756~~724.~~56063199~~07756693 3.~~69906388~~55156727 0.00000000 0.00000000 B-4 858,500.00 5.~~86718~~88594% ~~756~~724.~~56062900~~07756552 3.~~69906814~~55156669 0.00000000 0.00000000 B-5 858,500.00 5.~~86718~~88594% ~~756~~724.~~56062900~~07756552 3.~~69906814~~55156669 0.00000000 0.00000000 B-6 858,600.73 5.~~86718~~88594% ~~756~~724.~~56060763~~07753485 3.~~69906511~~55156931 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.~~13593921~~03839107 0.00000000 ~~230~~206.~~68491882~~49584580 X 0.00000000 0.00000000 0.~~05641509~~05139796 0.00000000 ~~230~~206.~~68491882~~49584580 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 3.~~69906370~~55156531 0.00000000 ~~737~~699.~~03419494~~73241330 B-2 0.00000000 0.00000000 3.~~69906526~~55156518 0.00000000 ~~737~~699.~~03419528~~73241315 B-3 0.00000000 0.00000000 3.~~69906388~~55156727 0.00000000 ~~737~~699.~~03419604~~73241274 B-4 0.00000000 0.00000000 3.~~69906814~~55156669 0.00000000 ~~737~~699.~~03419918~~73241701 B-5 0.00000000 0.00000000 3.~~69906814~~55156669 0.00000000 ~~737~~699.~~03419918~~73241701 B-6 0.00000000 0.00000000 3.~~69906511~~55156931 0.00000000 ~~737~~699.~~03416255~~73237735 (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 67,~~316~~357,~~759~~046.1439 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 711,~~092~~122.83 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 67,~~323~~368,~~851~~169.9722 Withdrawals Reimbursement for Servicer Advances 152,~~482~~887.0841 Payment of Service Fee 2321,~~184~~215.0661 Payment of Interest and Principal 67,~~285~~344,~~185~~066.8320 Total Withdrawals (Pool Distribution Amount) 67,~~323~~368,~~851~~169.9722 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 2321,~~184~~215.0661 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 2321,~~184~~215.0661

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 43 0 0 0 43 12,~~435~~191,~~690~~232.2390 0.00 0.00 0.00 12,~~435~~191,~~690~~232.2390 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 43 0 0 0 43 12,~~435~~191,~~690~~232.2390 0.00 0.00 0.00 12,~~435~~191,~~690~~232.2390 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 1.~~769912~~470588% 0.000000% 0.000000% 0.000000% 1.~~769912~~470588% 12.~~360248~~306725% 0.000000% 0.000000% 0.000000% 12.~~360248~~306725% 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 1.~~769912~~470588% 0.000000% 0.000000% 0.000000% 1.~~769912~~470588% 12.~~360248~~306725% 0.000000% 0.000000% 0.000000% 12.~~360248~~306725%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 711,~~092~~122.83

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.~~117180~~135942% Weighted Average Net Coupon 5.~~867180~~885942% Weighted Average Pass-Through Rate 5.~~867180~~885942% Weighted Average Maturity(Stepdown Calculation ) ~~336~~334 Beginning Scheduled Collateral Loan Count ~~239~~217 Number Of Loans Paid In Full 13 Ending Scheduled Collateral Loan Count ~~226~~204 Beginning Scheduled Collateral Balance ~~111~~101,~~283~~834,~~496~~926.9108 Ending Scheduled Collateral Balance ~~105~~94,~~542~~990,~~411~~355.3823 Ending Actual Collateral Balance at 3129-~~Dec~~Feb-~~2003~~2004 ~~105~~94,~~546~~993,~~237~~260.1542 Monthly P &I Constant ~~570~~523,~~537~~989.6631 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 ~~105~~94,~~542~~990,~~411~~355.3823 Scheduled Principal 3,~~253~~278.3135 Unscheduled Principal 56,~~737~~841,~~832~~292.2250

Miscellaneous Reporting Average Loss Severity 0 Senior Percentage 9190.~~245166~~843631% Senior Prepayment Percentage 95.~~622583~~421815% Subordinate Percentage 89.~~754834~~156369% Subordinate Prepayment Percentage 4.~~377417~~578185%

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