ARCHSTONE SMITH TRUST 4
4 · ARCHSTONE SMITH TRUST · Filed Jan 4, 2006
Insider Transaction Report
Form 4
NEELY ALFRED G.
President, CES Division
Transactions
- Exercise/Conversion
Common Shares of Beneficial Interest
2006-01-01$41.89/sh−2,206$92,409→ 32,564 total - Exercise/Conversion
Dividend Equivalent Units
2006-01-01$41.89/sh−2,206$92,409→ 4,360 totalExercise: $41.89→ Common Shares (2,206 underlying) - Tax Payment
Common Shares of Beneficial Interest
2006-01-01$41.89/sh−905$37,910→ 31,659 total - Award
Dividend Equivalent Units
2006-01-01$41.89/sh+1,864$78,083→ 6,566 totalExercise: $41.89→ Common Shares (1,864 underlying)
Holdings
- 915(indirect: By 401(k))
Common Shares of Beneficial Interest
Footnotes (4)
- [F1]Automatic conversion of vested Dividend Equivalent Units associated with Restricted Stock Units, pursuant to Issuer's Long-Term Incentive Plan
- [F2]Withholding of shares for payment of tax liability on the settlement of vested Dividend Equivalent Units.
- [F3]Direct total includes 30,358 Restricted Stock Units awarded under Issuer's Long-Term Incentive Plan.
- [F4]Dividend Equivalent Units are earned and accrue on restricted stock and option grants pursuant to Archstone-Smith Trust 2001 Long-Term Incentive Plan. The rate of vest is same as each underlying grant. DEUs are valued at the time of settlement;