4//SEC Filing
ERNST MICHAEL A 4
Accession 0001209191-06-002722
CIK 0001011699other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 7:13 PM ET
Size
14.8 KB
Accession
0001209191-06-002722
Insider Transaction Report
Form 4
ERNST MICHAEL A
CFO & Executive Vice President
Transactions
- Disposition to Issuer
Stock Options
2006-01-05−10,333→ 0 totalExercise: $26.09Exp: 2013-03-05→ Common Shares (10,333 underlying) - Disposition to Issuer
Stock Options
2006-01-05−17,633→ 0 totalExercise: $34.20Exp: 2014-02-23→ Common Shares (17,633 underlying) - Disposition to Issuer
Stock Options
2006-01-05−27,000→ 0 totalExercise: $34.80Exp: 2015-02-03→ Common Shares (27,000 underlying) - Disposition to Issuer
Common Shares
2006-01-05−21,750→ 0 total - Disposition to Issuer
Common Shares
2006-01-05−17,102→ 0 total
Footnotes (5)
- [F1]These shares were held in a deferred compensation account and will be exchanged at the option exercise ratio for 31,485 shares of BDN having a market value of $911,491 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 11,800 shares of BDN having a market value of $341,610 on the date of the merger.
- [F3]This option, which provided for vesting in three equal annual installments beginning March 5, 2003, was canceled in the merger in exchange for a cash payment of $154,891.67, 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.
- [F4]This option, which provided for vesting in three equal annual installments beginning on February 23, 2004, was assumed by Brandywine in the merger and replaced with an option to purchase 25,525 common shares of beneficial interest of Brandywine for $23.6253 per common share.
- [F5]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 39,085 common shares of beneficial interest of Brandywine for $24.0398 per common share.
Documents
Issuer
PRENTISS PROPERTIES TRUST/MD
CIK 0001011699
Entity typeother
Related Parties
1- filerCIK 0001111648
Filing Metadata
- Form type
- 4
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 7:13 PM ET
- Size
- 14.8 KB