Malone Michael 4
4 · SUMMIT PROPERTIES INC · Filed Dec 30, 2004
Insider Transaction Report
Form 4
Malone Michael
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2004-12-29$22.00/sh+8,190$180,180→ 85,001 total - Exercise/Conversion
Employee Stock Option (right to buy)
2004-12-29$22.00/sh−8,190$180,180→ 0 totalExercise: $22.00Exp: 2012-02-06→ Common Stock (8,190 underlying)
Footnotes (1)
- [F1]On December 17, 2004, the Company's Board of Directors accelerated the vesting of certain stock options held by the Reporting Person. Prior to acceleration by the Board of Directors, the option vested in five installments, 5,250 on March 1, 2003, 7,000 on March 1, 2004, 2005 and 2006, and 8,750 on March 1, 2007.