AMERICAN CAMPUS COMMUNITIES INC 4
4 · AMERICAN CAMPUS COMMUNITIES INC · Filed May 11, 2009
Insider Transaction Report
Form 4
Burck R D
Director
Transactions
- Award
Restricted Stock Units
2009-05-07+2,360→ 4,566 total→ Common Stock (2,360 underlying) - Exercise/Conversion
Restricted Stock Units
2009-05-11−1,030→ 1,176 total→ Common Stock (1,030 underlying) - Exercise/Conversion
Common stock
2009-05-11+1,233→ 14,597 total - Exercise/Conversion
Restricted Stock Units
2009-05-07−2,360→ 2,206 total→ Common Stock (2,360 underlying)
Footnotes (2)
- [F1]Restricted stock units were fully vested on the date of grant (5/07/2009) and shares of common stock underlying the restricted stock units were all settled in cash in lieu of the delivery of shares of common stock, on the date of grant.
- [F2]Restricted stock units were fully vested on the date of grant (5/11/2006) and shares of common stock underlying the restricted stock units were settled on the third anniversary date of the grant (5/11/2009), in accordance with the terms of the American Campus Communities, Inc. 2004 Incentive Award Plan. As determined by the Compensation Committee of the Board of Directors, accrued dividend equivalents were settled in shares of common stock in lieu of cash.