ARCHSTONE SMITH TRUST 4
4 · ARCHSTONE SMITH TRUST · Filed Jan 4, 2006
Insider Transaction Report
Form 4
CARDWELL JAMES A
Other
Transactions
- Award
Common Shares of Beneficial Interest
2005-12-31$41.89/sh+519$21,741→ 59,382 total - Award
Dividend Equivalent Units
2006-01-01$41.89/sh−962$40,298→ 6,172 totalExercise: $41.89→ Common Shares of Beneficial Interest (962 underlying)
Footnotes (3)
- [F1]Trustee fees deferred into shares units pursuant to Issuer's Deferred Compensation Plan.
- [F2]Direct total includes 13,676 units in Issuer's Deferred Compensation Plan and 8,000 Restricted Stock Units issued pursuant to Issuer's Equity Plan for Outside Trustees
- [F3]Dividend Equivalent Units accrue on certain option and Restricted Stock Unit grants and vest at the same rate as the underlying grant. Upon settlement DEUs convert to shares of ASN common stock on a 1 to 1 basis and are valued at that time. DEUs have no expiration date.