4//SEC Filing
AMERICAN FINANCIAL REALTY TRUST 4
Accession 0001209191-05-032320
CIK 0001193558operating
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 3:59 PM ET
Size
13.0 KB
Accession
0001209191-05-032320
Insider Transaction Report
Form 4
BLUMENTHAL GLENN
DirectorSenior VP - Asset Management
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2005-06-14−26,805→ 415,140 totalExercise: $10.00Exp: 2012-09-10→ Common Shares (26,805 underlying) - Exercise/Conversion
Common Shares
2005-06-14$10.00/sh+26,805$268,050→ 369,172 total - Sale
Common Shares
2005-06-14$15.63/sh−26,805$418,962→ 342,367 total
Holdings
- 1,000
Partnership Units
→ Common Shares (1,000 underlying)
Footnotes (6)
- [F1]In addition to the 26,805 common shares issued on June 14, 2005 upon exercise of stock options, this amount also includes: (i) 64,367 restricted common shares awarded on January 4, 2005 pursuant to the Issuer's 2002 Equity Incentive Plan (Plan), which shares vest at a rate of 25% on the first anniversary of the date of issuance and in equal installments of 6.25% at the end of each quarter thereafter; (ii) 60,000 restricted common shares awarded on January 2, 2004 pursuant to the Issuer's Plan, which shares vest at a rate of 25% on the first anniversary of the date of issuance and in equal installments of 6.25% at the end of each quarter thereafter; and (iii) 218,000 restricted common shares awarded on July 1, 2003 pursuant to the Issuer's Plan, which shares 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.
- [F2]Shares sold pursuant to a Rule 10b5-1 plan, as amended, adopted by the Reporting Person on May 24, 2004 principally for the purpose of applying the proceeds from sales under such plan to the taxes that become payable at periodic vesting of the Reporting Person's restricted share awards.
- [F3]This amount includes: (i) 64,367 restricted common shares awarded on January 4, 2005 pursuant to the Issuer's 2002 Equity Incentive Plan (Plan), which shares vest at a rate of 25% on the first anniversary of the date of issuance and in equal installments of 6.25% at the end of each quarter thereafter; (ii) 60,000 restricted common shares awarded on January 2, 2004 pursuant to the Issuer's Plan, which shares vest at a rate of 25% on the first anniversary of the date of issuance and in equal installments of 6.25% at the end of each quarter thereafter; and (iii) 218,000 restricted common shares awarded on July 1, 2003 pursuant to the Issuer's Plan, which shares 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.
- [F4]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 date of grant and 6.25% at the end of each quarter thereafter.
- [F5]The stock option was granted pursuant to the issuer's 2002 Equity Incentive Plan and is exempt under Rule 16b-3.
- [F6]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.
Documents
Issuer
AMERICAN FINANCIAL REALTY TRUST
CIK 0001193558
Entity typeoperating
Related Parties
1- filerCIK 0001193558
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 3:59 PM ET
- Size
- 13.0 KB