RICHMAN JOHN M 4

4 · ARCHSTONE SMITH TRUST · Filed Jan 4, 2006

Form 4

Period: 2005-12-31

Other

Transactions

Exercise/Conversion
Common Shares of Beneficial Interest
2006-01-01$41.89/sh+296$12,399→ 36,087 total
Award
Common Shares of Beneficial Interest
2005-12-31$41.89/sh+737$30,873→ 35,791 total
Award
Dividend Equivalent Units
2006-01-01$41.89/sh+759$31,795→ 5,594 total
Exercise: $41.89→ Common Shares of Beneficial Interest (759 underlying)
Exercise/Conversion
Dividend Equivalent Units
2006-01-01$41.89/sh−296$12,399→ 5,298 total
Exercise: $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.

Documents

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