RICHMAN JOHN M 4
4 · ARCHSTONE SMITH TRUST · Filed Jan 4, 2005
Insider Transaction Report
Form 4
RICHMAN JOHN M
Other
Transactions
- Award
Common Shares of Beneficial Interest
[F1]2004-12-31$38.30/sh+661$25,316→ 31,446 total - Exercise/Conversion
Common Shares of Beneficial Interest
[F2][F3]2005-01-01$38.30/sh+191$7,315→ 31,637 total - Award
Dividend Equivalent Units
[F4]2005-01-01$38.30/sh+1,737$66,527→ 5,025 totalExercise: $38.30→ Common Shares (1,737 underlying) - Exercise/Conversion
Dividend Equivalent Units
[F4]2005-01-01$38.30/sh−191$7,315→ 4,833 totalExercise: $38.30→ Common Shares (191 underlying)
Footnotes (4)
- [F1]Trustee fees deferred into share units pursuant to Issuer's Deferred Compensation Plan
- [F2]Automatic conversion of vested Dividend Equivalent Units associated with Restricted Share Units, pursuant to Issuer's Equity Plan for Outside Trustees
- [F3]Direct total includes 12,153 units in Issuer's Deferred Compensation Plan and 4,333 Restricted Stock Units issued pursuant to Issuer's Equity Plan for Outside Trustees.
- [F4]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.
Signature
/s/ Erin McMahon, Attorney-in-Fact on behalf of John M. Richman|2005-01-04