ARCHSTONE SMITH TRUST 4
4 · ARCHSTONE SMITH TRUST · Filed Mar 7, 2007
Insider Transaction Report
Form 4
CARDWELL JAMES A
Other
Transactions
- Award
Phantom Stock
2007-03-05$54.82/sh+16$877→ 1,048 totalExercise: $54.82→ Common Shares (16 underlying)
Holdings
- 61,962
Common Shares of Beneficial Interest
Footnotes (2)
- [F1]Direct total includes 10,000 Restricted Stock Units issued pursuant to Issuer's Equity Plan for Outside Trustees, and 14,256 units held in Issuer's Deferred Compensation Plan, which are payable in stock on a one-to-one basis, and may not be settled in cash.
- [F2]Phantom Shares held in Issuer's Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of Common Stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service.