RISING NELSON C 4
4 · MAGUIRE PROPERTIES INC · Filed Apr 30, 2010
Insider Transaction Report
Form 4
RISING NELSON C
DirectorPresident and CEO
Transactions
- Sale
Limited Partnership Units
2009-12-30$2.83/sh−13,158$37,288→ 0 total→ Common Stock (13,158 underlying)
Footnotes (4)
- [F1]Limited partnership units are redeemable for cash, or at the election of the general partner, on a one-for-one basis into the Issuer's common stock. No limited partnership units were redeemed and no shares of common stock were sold in the reported transaction.
- [F2]On December 30, 2009, Mr. Rising sold his ownership interest in Maguire Partners-Master Investments, LLC ("Master Investments") to Master Investments for de minimis cash consideration. Mr. Rising previously held a 25% membership interest in Master Investments. As a result of this transaction, Mr. Rising no longer has an economic interest in the common units of Maguire Properties, L.P. that continue to be held by Master Investments.
- [F3]The value of the limited partnership units is based on the fair market value of an equivalent number of shares of the Issuer's common stock on the relevant date. The fair market value is based on the closing price of the common stock of the Issuer as reported on the New York Stock Exchange.
- [F4]Not applicable.