4//SEC Filing
PRENTISS MICHAEL V 4
Accession 0001209191-06-002717
CIK 0001011699other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 7:09 PM ET
Size
14.7 KB
Accession
0001209191-06-002717
Insider Transaction Report
Form 4
PRENTISS MICHAEL V
DirectorOther
Transactions
- Disposition to Issuer
Units of Limited Partnership Interst
2006-01-05−333,387→ 0 total(indirect: By Trust)Exercise: $0.00Exp: 2050-12-31→ Common Shares (333,387 underlying) - Disposition to Issuer
Common Shares
2006-01-05−152,991→ 0 total - Disposition to Issuer
Common Shares
2006-01-05−1,483,711→ 0 total - Disposition to Issuer
Common Shares
2006-01-05−433,193→ 0 total(indirect: By Trust) - Disposition to Issuer
Units of Limited Partnership Interest
2006-01-05−262,733→ 0 totalExercise: $0.00Exp: 2050-12-31→ Common Shares (262,733 underlying)
Footnotes (5)
- [F1]These shares were held in a deferred compensation account and will be exchanged at the option exercise ratio for 221,469 shares of BDN having a market value of $6,411,528 on the date of the merger.
- [F2]These shares were held directly and will be exchanged for the merger consideration of $21.50 per share and 1,023,760 shares of BDN having a market value of $29,637,852 on the date of the merger. In addition, Mr. Prentiss reports the disposition of 47,136 shares held in the Company's KEYSOP deferred compensation plan, the shares of which Mr. Prentiss was not entitled to vote.
- [F3]These shares were held indirectly (410,968 by trusts and 22,225 held by a foundation) and will be exchanged for the merger consideration of $21.50 per share and 298,903 shares of BDN having a market value of $8,653,242 on the date of the merger.
- [F4]These redeemable units of limited partnership interest of Prentiss Properties Acquistion Partners, L.P. which were convertible on a one for one basis into common shares of Prentiss Properties Trust, were converted in the merger into 362,545 Class A Units of Brandywine Operating Partnership, L.P. which are each convertible into 1 common share of Brandywine Realty Trust.
- [F5]These redeemable units of limited partnership interest of Prentiss Properties Acquistion Partners, L.P. held in Prentiss Credit Shelter Trust which were convertible on a one for one basis into common shares of Prentiss Properties Trust, were converted in the merger into 460,041 Class A Units of Brandywine Operating Partnership, L.P., which are each convertible into 1 common share of Brandywine Realty Trust.
Documents
Issuer
PRENTISS PROPERTIES TRUST/MD
CIK 0001011699
Entity typeother
Related Parties
1- filerCIK 0001111642
Filing Metadata
- Form type
- 4
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 7:09 PM ET
- Size
- 14.7 KB