BELMONTE LUIS A 4
4 · AMB PROPERTY CORP · Filed Jan 5, 2004
Insider Transaction Report
Form 4
BELMONTE LUIS A
Executive VP
Transactions
- Disposition to Issuer
Common Stock
2004-01-02−6,292→ 173,042 total - Award
Stock Units
2004-01-02+6,292→ 173,042 total(indirect: See footnote)
Footnotes (4)
- [F1]Upon vesting of the 6,292 shares of restricted stock, the reporting person deferred these shares into the Amended and Restated AMB Nonqualified Deferred Compensation Plan (the "Plan"). The deferral of these shares was credited to the reporting person's account in the form of an equivalent number of stock units, each of which represents the reporting person's right to receive a share of AMB common stock upon distribution of his account. Distribution will occur upon retirement, death, other termination of employment or disability, upon AMB's change of control or on such other date as the reporting person elects.
- [F2]Solely a change in the form of ownership.
- [F3]Of the 173,042 securities beneficially owned, 162,179 are directly owned (D) and 10,863 securities are held indirectly (I) through a rabbi trust pursuant to the Plan.
- [F4]The stock units are held indirectly through a rabbi trust pursuant to the Plan.