POLK JAMES H III 4
4 · ARCHSTONE SMITH TRUST · Filed Jan 4, 2006
Insider Transaction Report
Form 4
POLK JAMES H III
Other
Transactions
- Award
Dividend Equivalent Units
2006-01-01$41.89/sh+527$22,076→ 3,496 totalExercise: $41.89→ Common Shares of Beneficial Interest (527 underlying) - Exercise/Conversion
Dividend Equivalent Units
2006-01-01$41.89/sh−291$12,190→ 3,205 totalExercise: $41.89→ Common Shares of Beneficial Interest (291 underlying) - Exercise/Conversion
Common Shares of Beneficial Interest
2006-01-01$41.89/sh+291$12,190→ 27,468 total
Footnotes (3)
- [F1]Automatic converstion of vested Dividend Equivalent Units associated with Restricted Stock Units, pursuant to Issuer's Equity Plan for Outside Trustees.
- [F2]Total includes 4,499Restricted 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.