BRUMBERG LEONARD I 4
4 · NEW PLAN EXCEL REALTY TRUST INC · Filed Sep 12, 2003
Insider Transaction Report
Form 4
BRUMBERG LEONARD I
Executive Vice President
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2003-09-12−2,500→ 67,500 totalExercise: $14.00From: 2001-09-25Exp: 2010-09-24→ Common Stock (2,500 underlying) - Exercise/Conversion
Common Stock
2003-09-12$14.00/sh+2,500$35,000→ 15,000 total
Footnotes (1)
- [F1]The original option for 75,000 shares vests as follows: 54,000 shares vest in five equal annual installments beginning on September 25, 2001; the remaining 21,000 shares vest on September 25, 2008, subject to accelerated vesting based on the satisfaction of certain performance criteria.