4//SEC Filing
BRAITHWAITE JAMES C 4
Accession 0001209191-03-020436
CIK 0000914713other
Filed
Sep 4, 8:00 PM ET
Accepted
Sep 5, 4:29 PM ET
Size
20.3 KB
Accession
0001209191-03-020436
Insider Transaction Report
Form 4
MILLS CORPMLS
BRAITHWAITE JAMES C
Director
Transactions
- Conversion
Units
2003-09-03−10,000→ 268,779 total→ Common Stock (10,000 underlying) - Sale
Common Stock
2003-09-04$38.56/sh−600$23,136→ 13,401 total - Conversion
Common Stock
2003-09-03+10,000→ 18,001 total - Sale
Common Stock
2003-09-03$38.30/sh−2,700$103,410→ 15,301 total - Exercise/Conversion
Stock option (right to buy)
2003-09-03$23.50/sh−1,000$23,500→ 0 totalExercise: $23.50From: 1997-04-21Exp: 2004-04-21→ Common Stock (1,000 underlying) - Sale
Common Stock
2003-09-04$38.58/sh−1,000$38,580→ 14,001 total - Exercise/Conversion
Common Stock
2003-09-03$23.50/sh+1,000$23,500→ 6,001 total - Sale
Common Stock
2003-09-03$38.41/sh−300$11,523→ 15,001 total - Sale
Common Stock
2003-09-04$38.50/sh−8,400$323,400→ 5,001 total
Holdings
- 1,001(indirect: See Footnote)
Common Stock
- 18,675(indirect: see footnote)
Units
→ Common Stock (18,675 underlying)
Footnotes (11)
- [F1]Conversion by the reporting person of 10,000 units into 10,000 shares of common stock (as reported on Table II). No consideration was paid in connection with this acquisition. See footnote 4 below
- [F10]The options vested in equal installments on May 25, 1998 and May 25, 1999.
- [F11]The options vested in equal installments on May 28, 2001 and May 28, 2002.
- [F2]These shares of common stock are held by the reporting person???s mother-in-law. The reporting person has a power of attorney to dispose of such shares of common stock. The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F3]Units represent limited partnership interests in The Mills Limited Partnership, the Operating Partnership of the Issuer and of which the Issuer is the sole general partner and majority unit holder. The Units are exchangeable beginning one year after their issuance for common stock of the Issuer (on a 1-for-1 basis) or, at the Issuer???s election, for the cash value of such common stock.
- [F4]Conversion by the reporting person of 10,000 units into 10,000 shares of common stock (as reported on Table I).
- [F5]The units are current exchangeable for common stock during four periods a year as specified in the partnership agreement of The Mills Limited Partnership.
- [F6]There is no expiration date for the exchange of units for common stock.
- [F7]No additional consideration is payable in connection with the exchange of units for common stock.
- [F8]These units are held by Braithwaite Family Partnership, LP, of which the reporting person is the sole general partner. The reporting person disclaims beneficial ownership of the reported Units except to the extent of his pecuniary interest therein.
- [F9]The options vested in equal installments on April 21, 1997 and April 21, 1998.
Documents
Issuer
MILLS CORP
CIK 0000914713
Entity typeother
Related Parties
1- filerCIK 0001245872
Filing Metadata
- Form type
- 4
- Filed
- Sep 4, 8:00 PM ET
- Accepted
- Sep 5, 4:29 PM ET
- Size
- 20.3 KB