CBL & ASSOCIATES PROPERTIES INC 4
4 · CBL & ASSOCIATES PROPERTIES INC · Filed Mar 28, 2011
Insider Transaction Report
Form 4
LANDRESS BEN S
Exec VP - Management
Transactions
- Exercise/Conversion
Employee Stock Option (Right to Buy)
2011-03-25−18,000→ 0 totalExercise: $13.84From: 2002-05-02Exp: 2011-05-02→ Common Stock (18,000 underlying) - Exercise/Conversion
Common Stock
2011-03-25$13.84/sh+18,000$249,075→ 259,951.31 total - Sale
Common Stock
2011-03-25$17.60/sh−18,000$316,800→ 241,951.31 total
Holdings
- 1,080(indirect: By Spouse)
Preferred Series C Depositary Shares
- 74,536(indirect: By Spouse)
Common Stock
- 800
Preferred Series C Depositary Shares
- 120,480
Common Units
Exp: 2043-11-03→ Common Stock (120,480 underlying)
Footnotes (3)
- [F1]Additionally, the Reporting Person owns a limited partnership interest in CBL & Associates Limited Partnership, a Delaware limited partnership, that may be exchanged at any time for 120,480 shares of the Issuer's Common Stock (on a one-for-one basis) or cash, at the Issuer's election.
- [F2]The Common Units are exerciseable on a 1 to 1 ratio with no exercise price.
- [F3]Immediately exercisable.