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4//SEC Filing

CUSHING DANIEL K 4

Accession 0001209191-06-002710

CIK 0001011699other

Filed

Jan 8, 7:00 PM ET

Accepted

Jan 9, 7:00 PM ET

Size

21.5 KB

Accession

0001209191-06-002710

Insider Transaction Report

Form 4
Period: 2006-01-05
CUSHING DANIEL K
Senior Vice President
Transactions
  • Disposition to Issuer

    Common Shares

    2006-01-0518,0280 total
  • Disposition to Issuer

    Common Shares

    2006-01-0512,6180 total
  • Disposition to Issuer

    Stock Options

    2006-01-055,0000 total
    Exercise: $26.09Exp: 2013-03-05Common Shares (5,000 underlying)
  • Disposition to Issuer

    Common Shares

    2006-01-055000 total(indirect: By Trust)
  • Disposition to Issuer

    Stock Options

    2006-01-0530,0000 total
    Exercise: $34.80Exp: 2015-02-03Common Shares (30,000 underlying)
  • Disposition to Issuer

    Stock Options

    2006-01-053,8950 total
    Exercise: $28.10Exp: 2012-02-28Common Shares (3,895 underlying)
  • Disposition to Issuer

    Stock Options

    2006-01-0522,0000 total
    Exercise: $34.20Exp: 2014-02-23Common Shares (22,000 underlying)
  • Disposition to Issuer

    Stock Options

    2006-01-052010 total
    Exercise: $28.10Exp: 2012-02-28Common Shares (201 underlying)
Footnotes (8)
  • [F1]These shares were held in a deferred compensation account and will be exchanged at the option exercise ratio for 26,097 shares of BDN having a market value of $755,508 on the date of the merger.
  • [F2]These shares will be exchanged for the merger consideration of $21.50 per share and 9,051 shares of BDN having a market value of $262,026 on the date of the merger.
  • [F3]See footnote 2.
  • [F4]This option, held in a deferred compensation account, which provided for vesting in three equal annual installments beginning on February 28, 2002, was assumed by Brandywine in the merger and replaced with and option to purchase 5,638 common shares of beneficial interest of Brandywine for $19.4114 per common share.
  • [F5]This option, held in a deferred compensation account, which provided for vesting in three equal annual installments beginning on March 5, 2003, was assumed by Brandywine in the merger and replaced with and option to purchase 7,238 common shares of beneficial interest of Brandywine for $18.0229 per common share.
  • [F6]This option, held in a deferred compensation account, which provided for vesting in three equal annual installments beginning on February 23, 2004, was assumed by Brandywine in the merger and replaced with and option to purchase 31,847 common shares of beneficial interest of Brandywine for $23.6253 per common share.
  • [F7]This option, which provided for vesting in three equal annual installments beginning on February 3, 2005, was assumed by Brandywine in the merger and replaced with an option to purchase 43,428 common shares of beneficial interest of Brandywine for $24.0398 per common share.
  • [F8]This option, which provided for vesting in three equal annual installments beginning February 28, 2002, was canceled in the merger in exchange for a cash payment of $2,608.98, representing the number of unexercised shares relating to such option times the difference between the per share exercise price of the option and the per share cash value of the merger consideration $41.08 per share.

Issuer

PRENTISS PROPERTIES TRUST/MD

CIK 0001011699

Entity typeother

Related Parties

1
  • filerCIK 0001185418

Filing Metadata

Form type
4
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 7:00 PM ET
Size
21.5 KB