POLK JAMES H III 4
4 · ARCHSTONE SMITH TRUST · Filed Jan 3, 2007
Insider Transaction Report
Form 4
POLK JAMES H III
Other
Transactions
- Exercise/Conversion
Common Shares of Beneficial Interest
2007-01-01$58.21/sh+344$20,024→ 19,683 total - Exercise/Conversion
Dividend Equivalent Units
2007-01-01$58.21/sh−344$20,024→ 3,376 totalExercise: $58.21→ Common Shares (344 underlying) - Award
Dividend Equivalent Units
2007-01-01$58.21/sh+396$23,051→ 3,721 totalExercise: $58.21→ Common Shares (396 underlying)
Footnotes (2)
- [F1]Direct total includes 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.