BRAITHWAITE JAMES C 4
4 · MILLS CORP · Filed Oct 18, 2005
Insider Transaction Report
Form 4
MILLS CORPMLS
BRAITHWAITE JAMES C
Director
Transactions
- Gift
Units of Limited Partnership Interests
2005-10-03−1,000→ 308,476 total→ Common Stock (1,000 underlying)
Holdings
- 27,994(indirect: See footnote)
Units of Limited Partnership Interests
→ Common Stock
Footnotes (7)
- [F1]Units represent limited partnership interests in The Mills Limited Partnership, the Operating Partnership of the Registrant and of which the Registrant is the sole general partner and majority unit holder. The Units are currently exchangeable beginning one year after their issuance for common stock of the Registrant (on a 1-for-1 basis) or, at the Registrant's election, for the cash value of such common stock.
- [F2]The Units are currently exchangeable for common stock of the registrant during four periods a year as specified in the partnership agreement of The Mills Limited Partnership.
- [F3]There is no expiration date for the exchange for Units for common stock of the registrant.
- [F4]This transfer of Units by gift did not involve any payment of consideration.
- [F5]These Units are held by The Braithwaite Family Foundation. The reporting person is the Trustee of The Braithwaite Family Foundation. The reporting person disclaims beneficial ownership of these Units except to the extent of his pecuniary interest therein.
- [F6]The Braithwaite Family Partnership LP has not transacted in the Units it beneficially owns.
- [F7]These Units are held by Braithwaite Family Partnership, LP. The reporting person is the sole general partner of Braithwaite Family Partnership, LP. The reporting person disclaims beneficial ownership of these Units except to the extent of his pecuniary interest therein.