BJERKE STEVE 4
4 · LNR PROPERTY CORP · Filed Jan 28, 2005
Insider Transaction Report
Form 4
BJERKE STEVE
Controller
Transactions
- Exercise of In-Money
Common Stock Options
2005-01-26−5,060→ 4,940 totalExercise: $18.25From: 2000-02-24Exp: 2005-02-23→ Common Stock (5,060 underlying) - Exercise of In-Money
Common Stock Options
2005-01-26−1,145→ 13,855 totalExercise: $39.50From: 2003-07-07Exp: 2008-07-06→ Common Stock (1,145 underlying) - Exercise/Conversion
Common Stock
2005-01-26+6,205→ 12,528 total
Holdings
- 673(indirect: By Savings Plan)
Common Stock
- 4,400
Common Stock
Exercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (4,400 underlying) - 400
Common Stock
Footnotes (5)
- [F1]See "Table II" herein for a detail of purchase prices.
- [F2]Restricted shares held pursuant to the 2000 Stock Option and Restricted Stock Plan, with 100 shares vesting on each of 1/15/06, 1/15/07, 1/15/08 amd 1/15/09.
- [F3]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.
- [F4]Contractual right to receive shares in the future.
- [F5]The SEC staff has designated 8/8/88 as a "dummy date."