ARCHSTONE SMITH TRUST 4
4 · ARCHSTONE SMITH TRUST · Filed Jun 12, 2007
Insider Transaction Report
Form 4
DEMERITT STEPHEN R
Other
Transactions
- Award
Phantom Stock
2007-06-08$60.46/sh+8$484→ 498 totalExercise: $60.46→ Common Shares (9 underlying)
Holdings
- 3,315
Common Shares of Beneficial Interest
Footnotes (2)
- [F1]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.
- [F2]Direct total includes 3,315 Restricted Stock Units issued pursuant to Issuer's Equity Plan for Outside Trustees.