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SCHNITZER MARC 4

Accession 0001140361-09-007034

CIK 0001043325other

Filed

Mar 12, 8:00 PM ET

Accepted

Mar 13, 7:43 PM ET

Size

12.3 KB

Accession

0001140361-09-007034

Insider Transaction Report

Form 4
Period: 2009-03-11
SCHNITZER MARC
DirectorCEO & President
Transactions
  • Award

    Common Shares

    2009-03-11$0.15/sh+479,976$71,996749,093 total
  • Conversion

    Non-qualified share option

    2009-03-11192,2450 total
    From: 2007-01-03Exp: 2016-01-03Common Shares (192,245 underlying)
  • Conversion

    Non-qualified share option

    2009-03-11220,7650 total
    From: 2006-01-03Exp: 2015-01-03Common Shares (220,765 underlying)
Holdings
  • Special Common Units of Centerline Capital Company , LLC

    (indirect: By Marc Associates L.P)
    From: 2004-11-17Common Shares (864,229 underlying)
    864,229
Footnotes (5)
  • [F1]The Issuer granted the indicated restricted common shares (the "Shares") to Mr. Schnitzer pursuant to its 2007 Incentive Share Plan. The Shares will vest over a two year period, with 50% vesting on January 1, 2010 and 50% vesting on January 1, 2011.
  • [F2]Mr. Schnitzer was granted the restricted common shares with a grant date value of $71,996, a portion of which is in exchange for 192,245 share options with a strike price of $22.03 and 220,765 share options with a strike price of $24.44.
  • [F3]The Special Common Units are exchangeable on a one-to-one basis into common shares.
  • [F4]Not applicable.
  • [F5]The Special Common Units are held by Marc Associates L.P., of which Mr. Schnitzer is the 100% beneficial owner.

Documents

1 file

Issuer

CENTERLINE HOLDING CO

CIK 0001043325

Entity typeother

Related Parties

1
  • filerCIK 0001221774

Filing Metadata

Form type
4
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 7:43 PM ET
Size
12.3 KB