HIGBEE PAUL M 4
4 · CAPITAL AUTOMOTIVE REIT · Filed Oct 29, 2003
Insider Transaction Report
Form 4
HIGBEE PAUL M
Other
Transactions
- Award
Options for Common Shares of Beneficial Interest
2003-10-28+15,000→ 15,000 totalExercise: $31.12Exp: 2013-10-28→ Common Shares of Beneficial Interest (15,000 underlying)
Footnotes (1)
- [F1]This option grant will vest in accordance with the Trustee Formula Option stipulated in the Capital Automotive Group Second Amended and Restated 1998 Equity Incentive Plan (the "Plan") whereby (i) one-third of the option will be exercisable on 4/28/04, six months after the Date of Grant; (ii) another one-third on 10/28/04, the first anniversary of the Date of Grant; and (iii) the remaining one-third on 10/28/05, the second anniversary of the Date of Grant.