Columbia Equity Trust, Inc. 4
4 · Columbia Equity Trust, Inc. · Filed Jul 7, 2005
Insider Transaction Report
Form 4
Fisch Clinton D
Senior Vice President
Transactions
- Other
Units
2005-07-05+53,511→ 95,938 total(indirect: By LLC)Exercise: $0.00→ Common Stock (53,511 underlying) - Other
Units
2005-07-05+2,181→ 23,848 totalExercise: $0.00→ Common Stock (2,181 underlying) - Award
LTIP Units
2005-07-05+21,667→ 21,667 totalExercise: $0.00→ Units (21,667 underlying) - Other
Units
2005-07-05+42,427→ 42,427 total(indirect: Held by Carr Capital Corporation)Exercise: $0.00→ Common Stock (42,427 underlying)
Footnotes (10)
- [F1]LTIP Units may be converted into units of limited partnership interest ("Units") of Columbia Equity, LP, of which the issuer is the general partner, on a one-for-one basis.
- [F10]CCREI is wholly-owned by CCC. Amount of securities beneficially owned represents reporting person's pro rata ownership interest in CCC. Reporting person disclaims beneficial ownership of remaining balance of Units held by CCC.
- [F2]The LTIP Units are exercisable in five equal annual installments beginning on the first anniversary of the date of grant.
- [F3]The LTIP Units will expire upon dissolution or the expiration of the term of Columbia Equity, LP, whichever occurs first.
- [F4]Units may be redeemed for shares of the issuer's Common Stock on a one-for-one basis or, at the election of the issuer, cash equal to the fair market value of such shares, beginning July 5, 2006.
- [F5]The Units were acquired by the reporting person and his spouse as tenants-by-the-entirety in exchange for their ownership interests in an entity that owns the Sherwood Plaza property.
- [F6]Units will expire upon dissolution or expiration of the term of Columbia Equity, LP, whichever occurs first.
- [F7]The Units were acquired by Carr Capital Corporation ("CCC") in exchange for CCC's contribution of asset and property management agreements to Columbia Equity, LP.
- [F8]Amount of securities beneficially owned represents reporting person's pro rata ownership interest in CCC. The reporting person disclaims beneficial ownership of the remaining balance of Units held by CCC.
- [F9]The Units were acquired by Carr Capital Real Estate Investments, LLC ("CCREI") in exchange for CCREI's contribution of ownership interests in various entities that own certain commercial office properties.