TEAM DAVID 4

4 · LNR PROPERTY CORP · Filed Jan 20, 2004

Insider Transaction Report

Form 4

Period: 2003-12-17

LNR PROPERTY CORPLNR

TEAM DAVID

Vice President

Transactions

Other
Common Stock
2003-12-17−1,200→ 26,515 total
Award
Common Stock Options
[F6]
2004-01-15+25,000→ 25,000 total
Exercise: $49.33From: 2005-01-15Exp: 2014-01-14→ Common Stock (25,000 underlying)

Holdings

Common Stock
(indirect: By Savings Plan)
83
Common Stock
[F1]
25,000
Common Stock
[F2]
100,000
Common Stock Options
[F3]
Exercise: $13.73From: 1997-10-31Exp: 2006-08-15→ Common Stock (12,331 underlying)
12,331
Common Stock Options
[F4]
Exercise: $24.81From: 1998-10-31Exp: 2007-10-30→ Common Stock (37,500 underlying)
37,500
Common Stock Options
[F5]
Exercise: $17.31From: 1999-01-01Exp: 2007-12-14→ Common Stock (26,250 underlying)
26,250
Common Stock Options
[F6]
Exercise: $18.16From: 2001-01-28Exp: 2010-01-27→ Common Stock (10,000 underlying)
10,000
Common Stock Options
[F6]
Exercise: $26.84From: 2002-01-17Exp: 2011-01-16→ Common Stock (10,000 underlying)
10,000
Common Stock Options
[F6]
Exercise: $31.30From: 2003-01-02Exp: 2012-01-01→ Common Stock (10,000 underlying)
10,000
Common Stock Options
[F6]
Exercise: $34.80From: 2004-04-09Exp: 2013-04-08→ Common Stock (10,000 underlying)
10,000
Stock Purchase Agreement
[F7]
Exercise: $31.10From: 2002-04-01Exp: 2006-04-01→ Common Stock (8,317 underlying)
8,317
Stock Purchase Agreement
[F8]
Exercise: $36.12From: 2003-04-01Exp: 2007-03-30→ Common Stock (7,362 underlying)
7,362
Stock Purchase Agreement
[F9]
Exercise: $35.06From: 2004-04-01Exp: 2008-04-01→ Common Stock (10,967 underlying)
10,967

Footnotes (9)

[F1]Restricted shares held pursuant to the 2000 Stock Option and Restricted Stock Plan, with 12,500 shares vesting on each of 1/19/04 and 1/19/05.
[F2]Restricted shares held pursuant to the 2000 Stock Option and Restricted Stock Plan, with 20,000 shares vesting on each of 4/8/04, 4/8/05, 4/8/06, 4/8/07 and 4/8/08.
[F3]5,548 stock options are currently exercisable as of 1/15/04. 1,850 stock options become exercisable on each of 8/16/04 and 8/16/05. 3,083 stock options become exercisable on 5/17/06.
[F4]22,500 stock options are currently exercisable as of 1/15/04. 3,750 stock options become exercisable on each of 10/31/04 and 10/31/05. 7,500 stock options become exercisable on 10/31/06.
[F5]15,750 stock options are currently exercisable as of 1/15/04. 2,625 stock options become exercisable on each of 1/1/05 and 1/1/06. 5,250 stock options become exercisable on 1/1/07.
[F6]These stock options vest over five years at 20% per annum on each anniversary of the grant date.
[F7]Represents a signed purchase agreement under the 2001 Senior Officer Stock Purchase Plan. On April 1st of each year from 2004 through 2006, Mr. Team will make purchases of LNR common stock. These purchases will total 8,317 shares.
[F8]Represents a signed purchase agreement under the 2001 Senior Officer Stock Purchase Plan. On April 1, 2004 and 2005, March 31, 2006 and March 30, 2007, Mr. Team will make purchases of LNR common stock. These purchases will total 7,362 shares.
[F9]Represents a signed purchase agreement under the 2001 Senior Officer Stock Purchase Plan. On April 1, 2004 and 2005, March 31, 2006, March 30, 2007 and April 1, 2008, Mr. Team will make purchases of LNR common stock. These purchases will total 10,967 shares.

Signature

Steve Bjerke as Attorney-In-Fact|2004-01-20

Documents

1 file

4
rrd29316.xmlPrimary
1/15/04