GERARDI ERNEST A JR 4
4 · ARCHSTONE SMITH TRUST · Filed Jan 4, 2006
Insider Transaction Report
Form 4
GERARDI ERNEST A JR
Other
Transactions
- Exercise/Conversion
Common Shares of Beneficial Interest
2006-01-01$41.89/sh+745$31,208→ 99,993 total - Exercise/Conversion
Dividend Equivalent Units
2006-01-01$41.89/sh−745$31,208→ 848 totalExercise: $41.89→ Common Shares of Beneficial Interest (745 underlying) - Award
Dividend Equivalent Units
2006-01-01$41.89/sh+369$15,457→ 1,593 totalExercise: $41.89→ Common Shares of Beneficial Interest (369 underlying)
Holdings
- 49,375(indirect: By Spouse)
Common Shares of Beneficial Interest
Footnotes (3)
- [F1]Automatic conversion of vested Dividend Equivalent Units associated with Restricted Stock Units, pursuant to Issuer's Equity Plan for Outside Trustees.
- [F2]Direct total includes 6,734 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.