4//SEC Filing
BLATZ ROBERT G 4
Accession 0001181431-04-007542
CIK 0000804138other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 5:41 PM ET
Size
9.7 KB
Accession
0001181431-04-007542
Insider Transaction Report
Form 4
BLATZ ROBERT G
President and COO
Transactions
- Award
Employee Stock Option (right to buy)
2004-02-05$1.68/sh+30,000$50,400→ 82,346 totalExercise: $19.84Exp: 2014-02-03→ Common Stock, .01 par (30,000 underlying) - Award
Common Stock, par value $.01
2004-02-05$19.84/sh+40,000$793,600→ 154,944 total - Award
Common Stock, par value $.01
2004-02-05$19.84/sh+11,069$219,609→ 166,013 total
Footnotes (3)
- [F1]Shares granted by the Board of Directors on February 5, 2004 constitute performance based restricted stock whereby the Company issued restricted common stock (the "HPS" shares) under the terms of the Company's 1998 Stock Incentive Plan. The HPS shares vest based upon the extent, if any, that the total return realized by the shareholders exceeds the ten-year average total return of the Equity REIT Index, as reported by the National Association of Real Estate Investment Trusts. The total return for the Company is measured over a three-year period that ends on December 31, 2006. To the extent that shares are not vested as of the final valuation date, such shares are forfeited and are returned to the Company.
- [F2]Restricted shares awarded by the BOD on February 5, 2004. The shares have a four year vesting schedule beginning on the first year anniversary of date of grant.
- [F3]Options awarded by the BOD on February 5, 2004. The options vest equally over 4 year period beginning on the first anniversary of the date of grant.
Documents
Issuer
AMERICAN LAND LEASE INC
CIK 0000804138
Entity typeother
Related Parties
1- filerCIK 0001231560
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 5:41 PM ET
- Size
- 9.7 KB