4//SEC Filing
Mechem Daryl H 4
Accession 0001179110-07-005468
CIK 0001170991other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 3:26 PM ET
Size
12.0 KB
Accession
0001179110-07-005468
Insider Transaction Report
Form 4
Mechem Daryl H
Managing Director, Operations
Transactions
- Purchase
Common Stock
2007-03-05$10.75/sh+1,000$10,750→ 5,986 total
Holdings
- 500(indirect: By Spouse)
Common Stock
- 393,537(indirect: By LLC)
Operating Partnership Units
→ Common Stock (393,537 underlying) - 39,267
Options
Exercise: $11.46Exp: 2017-01-11→ Common Stock (39,267 underlying) - 1,000(indirect: By Minor Son)
Common Stock
- 15,707
LTIP Units
→ Common Stock (15,707 underlying)
Footnotes (6)
- [F1]The options were granted under the Issuer's 2006 Long-Term Incentive Plan. The options vest over five years: 20% on October 10, 2007 and 20% on each October 10 thereafter.
- [F2]Represents units of limited partnership interest in DCT Industrial Operating Partnership LP (DCTOP), of which the Issuer is the general partner, issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in DCTOP (Common OP Unit). Each Common OP Unit acquired upon conversion of a LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of Common Stock
- [F3]These LTIP Units vest over five years: 20% on October 10, 2007 and 20% on each October 10 thereafter.
- [F4]The Units are issued by DCT Industrial Operating Partnership LP, the operating partnership of the Issuer (the "Partnership").
- [F5]The holder of the Units may cause the Partnership to redeem the Units for cash or, at the Issuer's option, shares of Common Stock on a one-for-one basis.
- [F6]The Units are owned by Dividend Capital Advisors Group LLC ("DCAG"). The Units reported above may be attributed to the Reporting Person based on his cash flow interest in DCAG.
Documents
Issuer
DCT Industrial Trust Inc.
CIK 0001170991
Entity typeother
Related Parties
1- filerCIK 0001384197
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 3:26 PM ET
- Size
- 12.0 KB