ARCHSTONE SMITH TRUST 4
4 · ARCHSTONE SMITH TRUST · Filed Jan 3, 2007
Insider Transaction Report
Form 4
FREEMAN J LINDSAY
Chief Operating Officer
Transactions
- Award
Dividend Equivalent Units
2007-01-01$58.21/sh+5,852$340,645→ 52,466 totalExercise: $58.21→ Common Shares (5,852 underlying)
Holdings
- 161,312
Common Shares of Beneficiatl Interest
- 3,990(indirect: By 401(k))
Common Shares of Beneficiatl Interest
Footnotes (2)
- [F1]Direct total includes 161,312 Restricted Stock Units awarded pursuant to Issuer's Long-Term Incentive Plan.
- [F2]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.