BRUMBERG LEONARD I 4
4 · NEW PLAN EXCEL REALTY TRUST INC · Filed Sep 29, 2004
Insider Transaction Report
Form 4
BRUMBERG LEONARD I
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2004-09-28$14.00/sh+7,500$105,000→ 32,090 total - Tax Payment
Common Stock
2004-09-28$25.24/sh−4,161$105,024→ 27,929 total - Exercise/Conversion
Stock Option (right to buy)
2004-09-28−7,500→ 56,000 totalExercise: $14.00From: 2001-09-25Exp: 2010-09-25→ Common Stock (7,500 underlying)
Footnotes (1)
- [F1]The initial option for 75,000 shares vests with respect to 54,000 shares in five equal annual installments beginning on September 25, 2001. The option vests with respect to the remaining 21,000 shares on September 25, 2008, subject to accelerated vesting upon the satisfaction of certain performance criteria.