BJERKE STEVE 5
5 · LNR PROPERTY CORP · Filed Jan 7, 2004
Insider Transaction Report
Form 5
BJERKE STEVE
Controller
Transactions
- Award
Common Stock
2003-11-30+105→ 611 total(indirect: By Savings Plan)
Holdings
- 15,000
Common Stock Options
Exercise: $39.50From: 2003-07-07Exp: 2008-07-06→ Common Stock (15,000 underlying) - 6,250
Common Stock
- 10,000
Common Stock Options
Exercise: $18.25From: 2000-02-24Exp: 2005-02-23→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Shares were acquired on various dates through the LNR Property Corporation Savings Plan via bi-weekly payroll deductions during the fiscal year ended 11/30/2003. The shares were purchased at an average purchase price of $34.44.
- [F2]These stock options vest in four annual installments. 10% of the stock options granted become exercisable on the first anniversary of the grant date. 30% of the stock options granted become exercisable on each of the next three anniversaries of the grant date.