ARCHSTONE SMITH TRUST 4
4 · ARCHSTONE SMITH TRUST · Filed Jan 4, 2005
Insider Transaction Report
Form 4
CARDWELL JAMES A
Other
Transactions
- Award
Common Shares of Beneficial Interest
2004-12-31$38.30/sh+701$26,848→ 55,537 total - Award
Dividend Equivalent Units
2005-01-01$38.30/sh+1,859$71,200→ 5,210 totalExercise: $38.30From: 1998-08-08→ Common Shares (1,859 underlying)
Footnotes (3)
- [F1]Trustee fees deferred into share units pursuant to Issuer's Deferred Compensation Plan.
- [F2]Direct total includes 11,831 units in Issuer's Deferred Compensation Plan and 6,000 Restricted Share Units issued pursuant to Issuer's Equity Plan for Outside Trustees.
- [F3]Dividend Equivalent Units accrue on certain option and Restricted Stock Unit grants and vest at the same rate as the underlying grant. Upon settlement DEUs convert to shares of ASN common stock on a 1 to 1 basis and are valued at that time. DEUs have no expiration date.