GMH Communities Trust 4
4 · GMH Communities Trust · Filed Aug 13, 2007
Insider Transaction Report
Form 4
Holloway Gary M
DirectorPres.,CEO& Bd. Trustees Chrmn.
Transactions
- Purchase
Common Shares
2007-08-13$7.86/sh+5,000$39,300→ 150,000 total - Purchase
Common Shares
2007-08-10$7.74/sh+47,500$367,650→ 0 total - Purchase
Common Shares
2007-08-09$8.02/sh+47,500$380,950→ 0 total
Holdings
- 171,550(indirect: By Spouse)
Common Shares
- 15,673,039
Partnership Units
→ Common Shares (15,673,039 underlying) - 1,315,791(indirect: See Footnote (2))
Partnership Units
→ Common Shares (1,315,791 underlying)
Footnotes (3)
- [F1]Pursuant to Section 8.04 of the Second Amended and Restated Agreement of Limited Partnership of GMH Communities, LP, units of the operating partnership held by the reporting person may be redeemed, after a one-year holding period, and subject to certain exceptions, for common shares of GMH Communities Trust on a one-for-one basis, and further subject to adjustments for stock splits, dividends, recapitalizations and similar events, or for a cash amount equal to the value of common shares for which the units would otherwise be redeemed. In addition, the reporting person is restricted as to the number of units that he may redeem for common shares, such that he may not redeem units for common shares that would result in his ownership of in excess of 20% of the outstanding common shares of GMH Communities Trust.
- [F2]Includes units of limited partnership interest held by several business entities affiliated with the reporting person.
- [F3]The number of securities beneficially owned by the reporting person following the transactions contained in this filing appears in row 4.