RICHMAN JOHN M 4
4 · ARCHSTONE SMITH TRUST · Filed Jan 4, 2006
Insider Transaction Report
Form 4
RICHMAN JOHN M
Other
Transactions
- Award
Common Shares of Beneficial Interest
[F1]2005-12-31$41.89/sh+737$30,873→ 35,791 total - Exercise/Conversion
Common Shares of Beneficial Interest
[F2][F3]2006-01-01$41.89/sh+296$12,399→ 36,087 total - Award
Dividend Equivalent Units
[F4]2006-01-01$41.89/sh+759$31,795→ 5,594 totalExercise: $41.89→ Common Shares of Beneficial Interest (759 underlying) - Exercise/Conversion
Dividend Equivalent Units
[F4]2006-01-01$41.89/sh−296$12,399→ 5,298 totalExercise: $41.89→ Common Shares of Beneficial Interest (296 underlying)
Footnotes (4)
- [F1]Trustee fees deferred into shares units pursuant to Issuer's Deferred Compensation Plan.
- [F2]Automatic conversion of vested Dividend Equivalent Units associated with Restricted Stock Units, pursuant to Issuer's Equity Plan for Outside Trustees.
- [F3]Direct total includes 14,308 units in Issuer's Deferred Compensation Plan and 4,499 Restricted Stock Units issued pursuant to Issuer's Equity Plan for Outside Trustees
- [F4]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.
Signature
/s/ Erin McMahon, Attorney-in-Fact on behalf of John M. Richman|2006-01-04