4//SEC Filing
SCHORSCH SHELLEY D 4
Accession 0001209191-04-001137
CIK 0001193558other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 9:10 PM ET
Size
14.7 KB
Accession
0001209191-04-001137
Insider Transaction Report
Form 4
SCHORSCH SHELLEY D
Senior VP - Corporate Affairs
Transactions
- Award
Common Shares
2004-01-02$0.00/sh+30,000$30→ 87,100 total - Award
Common Shares
2004-01-02$0.00/sh+149,000$149→ 0 total(indirect: By Spouse) - Award
Common Shares
2004-01-02$0.00/sh+120,000$120→ 1,984,040 total(indirect: By Spouse) - Gift
Common Shares
2003-12-31−100,000→ 0 total(indirect: By Spouse)
Holdings
- 100,000
Stock Option (right to buy)
Exercise: $11.65Exp: 2012-12-18→ Common Shares (100,000 underlying) - 209,550(indirect: By Trust)
Common Shares
- 15,104(indirect: By Holdings Two, L.P.)
Partnership Units
→ Common Shares (15,104 underlying) - 1,515,625(indirect: By Spouse)
Stock Option (right to buy)
Exercise: $10.00Exp: 2012-09-10→ Common Shares (1,515,625 underlying) - 1,341,946(indirect: By Spouse)
Partnership Units
→ Common Shares (1,341,946 underlying)
Footnotes (11)
- [F1]Consists of restricted common shares awarded pursuant to the American Financial Realty Trust 2002 Equity Incentive Plan. These restricted common shares were issued on January 2, 2004 and will vest at a rate of 25% on the first anniversary of the dat of issuance and in equal installments of 6.25% at the end of each quarter thereafter.
- [F10]Pursuant to Section 8.04 of the Amended and Restated Agreement of Limited Partnership of First States Group, L.P., units of the operating partnership may be converted into common shares on a one-for-one basis, subject to adjustments for stock splits, dividends, recapitalizations and similar events or, at the issuer's option, redeemed for a cash amount equal to the value of common shares for which the units would otherwise be converted.
- [F11]The reporting person is the sole owner of Meadowcourt Trust, which is a limited partner of Holdings Two, L.P. The reporting person disclaims beneficial ownership of units held by this partnership except to the extent of her pecuniary interest therein.
- [F2]In addition to the 30,000 restricted common shares acquired on January 2, 2004, also includes 47,000 restricted common shares issued pursuant to the American Financial Realty Trust 2002 Equity Incentive Plan. These restricted common shares were issued on July 1, 2003, and vest 25% on the first anniversary of the date of issuance and in equal installments of 6.25% at the end of each quarter thereafter.
- [F3]The reporting person's spouse made a charitable gift of 100,000 common shares.
- [F4]This statement shall not be deemed an admission that the undersigned is, for purposes of Section 16 or otherwise, the beneficial owner of any of these equity or derivative securities.
- [F5]The aggregate number of non-derivative securities held indirectly by the reporting person (by spouse) following the reported transaction is shown in row 4.
- [F6]Consists of restricted common shares awarded to the reporting person's spouse pursuant to the American Financial Realty Trust 2002 Equity Incentive Plan. These restricted shares were issued on January 1, 2004 and will vest at a rate of 33.33% on the first anniversary of the date of issuance and in equal installments of 8.33% at the end of each quarter thereafter.
- [F7]In addition to the restricted common shares acquired by the reporting person's spouse on January 1, 2004 and January 2, 2004, also includes (i) 600,000 restricted common shares issued pursuant to the American Financial Realty Trust 2002 Equity Incentive Plan. These restricted common shares were issued on July 1, 2003, and vest 33.33% on the first anniversary of the date of issuance and 8.33% at the end of each quarter thereafter; and (ii) 1,100,000 common shares held by a Grantor Retained Annuity Trust, of which the reporting person's spouse is the sole settlor and trustee.
- [F8]This option was granted on December 18, 2002, under the issuer's 2002 Equity Incentive Plan. The option will vest and become exercisable at a rate of 25% on the first anniversary of the date of the grant and 6.25% at the end of each quarter thereafter, and expires on December 18, 2012.
- [F9]This option was granted on September 10, 2002, under the issuer's 2002 Equity Incentive Plan. The option will vest and become exercisable at a rate of 25% on the first anniversary of the grant date and 6.25% at the end of each quarter thereafter, and expires on September 10, 2012.
Documents
Issuer
AMERICAN FINANCIAL REALTY TRUST
CIK 0001193558
Entity typeother
Related Parties
1- filerCIK 0001248282
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 9:10 PM ET
- Size
- 14.7 KB