4//SEC Filing
DEAN DAVID M 4
Accession 0001180154-05-000068
CIK 0000918958other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 7:02 PM ET
Size
33.8 KB
Accession
0001180154-05-000068
Insider Transaction Report
Form 4
DEAN DAVID M
EVP Law/Administration, Sec
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2005-04-28−9,691→ 10,309 total(indirect: By Spouse)Exercise: $17.51Exp: 2012-02-18→ Common Shares (9,691 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2005-04-28−5,000→ 0 total(indirect: By Spouse)Exercise: $27.81Exp: 2007-03-02→ Common Shares (5,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2005-04-28−6,000→ 0 total(indirect: By Spouse)Exercise: $27.00Exp: 2007-06-08→ Common Shares (6,000 underlying) - Disposition to Issuer
Option (Right to Buy)
2005-04-28−19,875→ 0 totalExercise: $62.25Exp: 2008-06-11→ Units (19,875 underlying) - Disposition to Issuer
Option (Right to Buy)
2005-04-28−33,091→ 91,909 totalExercise: $35.02Exp: 2012-02-18→ Units (33,091 underlying) - Award
Units of limited partnership of Operating Partnership
2005-04-28+75,000→ 75,000 totalExp: 2010-06-30→ Common Shares (150,000 underlying) - Disposition to Issuer
Option (Right to Buy)
2005-04-28−7,500→ 0 total(indirect: By Spouse)Exercise: $70.50Exp: 2008-03-08→ Units (7,500 underlying) - Award
Units of limited partnership of Operating Partnership
2005-04-28+13,750→ 13,750 total(indirect: By Spouse)Exp: 2010-06-30→ Common Shares (27,500 underlying) - Disposition to Issuer
Option (Right to Buy)
2005-04-28−20,000→ 0 totalExercise: $70.50Exp: 2008-03-08→ Units (20,000 underlying)
Holdings
- 33,884(indirect: By Spouse)
Common Shares
- 8,324(indirect: By Spouse)
Common Shares
- 144,000
Employee Stock Option (Right to Buy)
Exercise: $15.81Exp: 2009-11-04→ Common Shares (144,000 underlying) - 36,000(indirect: By Spouse)
Employee Stock Option (Right to Buy)
Exercise: $15.81Exp: 2009-11-04→ Common Shares (36,000 underlying) - 150,155
Common Shares
- 8,334(indirect: By 401(k))
Common Shares
Footnotes (13)
- [F1]Information based on most recent available plan statement of Crescent Real Estate Equities, Ltd. 401(k) Plan.
- [F10]Crescent Real Estate Equities Limited Partnership ("Operating Partnership")
- [F11]Beginning on second anniversary of date of grant, each vested Unit exchangeable for cash equivalent to market value of two Common Shares of Issuer stock or, at discretion of Issuer, but subject to shareholder approval, for two Common Shares of Issuer stock, subject to normal antidilution adjustments.
- [F12]Satisfaction on April 28, 2005 of conditions to grants by Operating Partnership pursuant to 2004 Crescent Real Estate Equities Limited Partnership Long-Term Incentive Plan in transaction exempt under Rule 16b-3(d). 20% of Units vest when trailing 40 trading day closing sale price average ("Average Close") equals or exceeds $19; additional 20%, when Average Close equals or exceeds $20; additional 20%, when Average Close equals or exceeds $21; additional 20%, when Average Close equals or exceeds $22.50; and final 20%, when Average Close equals or exceeds $24. General Partner of Operating Partnership has discretionary authority to establish alternative vesting schedules based on Issuer's achievement of annual performance targets as determined from time to time by the Compensation Committee of General Partner.
- [F13]Applicable solely to unvested Units; not applicable to vested Units
- [F2]Reporting Person acquired beneficial ownership of these securities as result of his marriage to their owner on April 8, 2000. Reporting Person disclaims beneficial ownership of all securities held by his spouse; this report shall not be deemed an admission that Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F3]Option granted November 5, 1999, pursuant to Issuer's Second and Amended 1995 Stock Incentive Plan; vested and became exercisable in 20% increments on first, second, third, fourth and fifth anniversary dates of grant.
- [F4]Option granted March 3, 1997, pursuant to Issuer's Second Amended and Restated Stock 1995 Stock Incentive Plan; vested and became exercisable in 20% increments on first, second, third, fourth and fifth anniversary dates of grant.
- [F5]As condition to and in exchange for grants described in FN 12, in transactions exempt under Rule 16b-3(e), on April 28, 2005 Reporting Person relinquished to Operating Partnership for cancellation Unit options covering aggregate of 72,966 Units and Reporting Person's spouse relinquished to Issuer for cancellation employee stock options covering aggregate of 20,691 Common Shares and relinquished to Operating Partnership for cancellation Unit options covering aggregate of 7500 Units.
- [F6]Option granted June 9, 1997, pursuant to Issuer's Second Amended and Restated 1995 Stock Incentive Plan; vested and became exercisable in 20% increments on first, second, third, fourth and fifth anniversary dates of grant.
- [F7]Option granted February 19, 2002, by Operating Partnership, in transaction exempt under Rule 16b-3, to purchase Units of limited partnership ("Units") of Operating Partnership. Each Unit exchangeable for two Common Shares of Issuer stock, subject to normal antidilution adjustments, or cash equivalent to market value of two Common Shares of Issuer stock, at discretion of Issuer.
- [F8]Option granted February 19, 2002, pursuant to Issuer's Second Amended and Restated 1995 Stock Incentive Plan; vests and becomes exercisable in 20% increments on first, second, third, fourth and fifth anniversary dates of grant.
- [F9]Option granted October 1, 2003, by Operating Partnership, in transaction exempt under Rule 16b-3(d), to purchase Units. Each Unit exchangeable for cash equivalent to market value of two Common Shares of Issuer stock or, at discretion of Issuer, but subject to shareholder approval, for two Common Shares of Issuer stock, subject to normal antidilution adjustments.
Documents
Issuer
CRESCENT REAL ESTATE EQUITIES CO
CIK 0000918958
Entity typeother
Related Parties
1- filerCIK 0001184164
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 7:02 PM ET
- Size
- 33.8 KB