ARCHSTONE SMITH TRUST 4
4 · ARCHSTONE SMITH TRUST · Filed Jun 1, 2007
Insider Transaction Report
Form 4
GILLIS RUTH ANN M
Other
Transactions
- Award
Common Shares of Beneficial Interest
2007-05-31$61.70/sh+16$987→ 12,198 total
Holdings
- 48
Phantom Stock
Exercise: $61.70→ Common Shares (48 underlying)
Footnotes (3)
- [F1]Dividend reinvestment earned on fees which were previously deferred into share units pursuant to Issuer's Deferred Compensation Plan.
- [F2]Direct total includes 7,171 Restricted Stock Units issued pursuant to Issuer's Equity Plan for Outside Trustees, and 2,194 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.
- [F3]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.