ARCHSTONE SMITH TRUST 4
4 · ARCHSTONE SMITH TRUST · Filed Jun 12, 2007
Insider Transaction Report
Form 4
GILLIS RUTH ANN M
Other
Transactions
- Award
Phantom Stock
2007-06-08$60.46/sh+14$846→ 62 totalExercise: $60.46→ Common Shares (14 underlying)
Holdings
- 12,198
Common Shares of Beneficial Interest
Footnotes (2)
- [F1]Direct total includes 8,504 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.
- [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.