COVITZ CARL D 4

4 · ARDEN REALTY INC · Filed Feb 11, 2004

Form 4

Period: 2004-02-10

Director

Transactions

Exercise/Conversion
Stock option (right to buy)
2004-02-10−40,000→ 0 total
Exercise: $22.50From: 1999-12-15Exp: 2008-12-15→ common stock (40,000 underlying)
Sale
Common stock
2004-02-10$31.60/sh−50,000$1,580,040→ 3,200 total
Sale
Common stock
2004-02-10$31.60/sh−800$25,281→ 3,200 total
Exercise/Conversion
Stock option (right to buy)
2004-02-10−10,000→ 0 total
Exercise: $20.00From: 1997-10-04Exp: 2006-10-04→ common stock (10,000 underlying)
Exercise/Conversion
Common stock
2004-02-10$22.50/sh+40,000$900,000→ 43,200 total
Sale
Common stock
2004-02-10$31.60/sh−40,000$1,264,032→ 3,200 total
Exercise/Conversion
Stock option (right to buy)
2004-02-10−50,000→ 0 total
Exercise: $25.50From: 2001-07-27Exp: 2010-07-27→ common stock (50,000 underlying)
Sale
Common stock
2004-02-10$31.60/sh−10,000$316,008→ 3,200 total
Exercise/Conversion
Common stock
2004-02-10$25.50/sh+50,000$1,275,000→ 53,200 total
Exercise/Conversion
Common stock
2004-02-10$20.00/sh+10,000$200,000→ 13,200 total

Footnotes (4)

[F1]Option vests in three (3) equal annual installments commencing July 27, 2001
[F2]Option vests in three (3) equal annual installments commencing December 15, 1999
[F3]Option vests in four(4) equal annual installments commencing October 4, 1997
[F4]Option vests in three (3) equal annual installments commencing November 30, 2000

Documents

1 file