CATELLUS DEVELOPMENT CORP 4
4 · CATELLUS DEVELOPMENT CORP · Filed Feb 17, 2005
Insider Transaction Report
Form 4
RISING NELSON C
CEO, Chairman/Director
Transactions
- Award
Common Stock
2005-02-15+48,153→ 954,289 total - Tax Payment
Common Stock
2005-02-15$28.23/sh−19,752$557,599→ 934,537 total
Holdings
- 16,418(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]These shares were distributed upon the initial vesting of an equivalent number of performance units under the Transition Incentive Plan ("TIP"), which was established pursuant to the Catellus Development Corporation 2003 Performance Award Plan. The vesting of TIP performance units is based on the degree of achievement of performance targets for four defined performance measures during the term of the TIP (1/1/04-12/31/06). This initial vesting represents the performance vesting, as certified on 2/15/05 by the Board Compensation and Benefits Committee, of 75% of all of the reporting person's TIP performance units.
- [F2]Represents 495,328 Restricted Stock Units and 458,961 shares held outright.
- [F3]Represents 495,328 Restricted Stock Units and 439,209 shares held outright.
- [F4]Based on calculation of share equivalents as of 2/15/05.