ARCHSTONE SMITH TRUST 4
4 · ARCHSTONE SMITH TRUST · Filed Jan 3, 2007
Insider Transaction Report
Form 4
RICHMAN JOHN M
Other
Transactions
- Exercise/Conversion
Common Shares of Beneficial Interest
2007-01-01$58.21/sh+335$19,500→ 38,911 total - Award
Dividend Equivalent Units
2007-01-01$58.21/sh+525$30,560→ 5,890 totalExercise: $58.21→ Common Shares (525 underlying) - Exercise/Conversion
Dividend Equivalent Units
2007-01-01$58.21/sh−335$19,500→ 5,555 totalExercise: $58.21→ Common Shares (335 underlying)
Footnotes (2)
- [F1]Direct total includes 14,796 units in Issuer's Deferred Compensation Plan and 3,999 Restricted Stock Units issued pursuant to Issuer's Equity Plan for Outside Trustees
- [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.