HIGBEE PAUL M 4
4 · CAPITAL AUTOMOTIVE REIT · Filed Jan 23, 2004
Insider Transaction Report
Form 4
HIGBEE PAUL M
Other
Transactions
- Award
Options for Common Shares of Beneficial Interest
2004-01-22+5,000→ 5,000 totalExercise: $33.86Exp: 2014-01-22→ Common Shares of Beneficial Interest (5,000 underlying)
Footnotes (1)
- [F1]These options vest in accordance with the Trustee Formula Option stipulated in the Capital Automotive Group Second Amended and Restated 1998 Equity Incentive Plan whereby (i) one-third of the option grant is exercisable on 7/22/2004, six months after the Date of Grant, (ii) another one-third on 1/22/2005, the first anniversary of the Date of Grant, and (iii) the remaining one-third will vest on 1/22/2006, the second anniversary of the Date of Grant.