U-Store-It Trust 4
4 · U-Store-It Trust · Filed Jan 24, 2008
Insider Transaction Report
Form 4
Nichols Stephen R
Sr. Vice President, Operations
Transactions
- Award
Phantom Shares
2008-01-22$8.33/sh+43$358→ 2,049 total→ Common Shares (43 underlying)
Footnotes (1)
- [F1]These phantom shares were acquired through reinvestment of dividend equivalents under the U-Store-It Trust Executive Deferred Compensation Plan, amended and restated January 1, 2007, and are payable in cash on a one-for-one basis after the reporting person ceases employment with the Company. The reporting person may elect to transfer these phantom shares at any time by reallocating his or her deemed investment option to another investment alternative, and such transfer will be effected on the first business day of the calendar quarter following the election.