4//SEC Filing
HIPPS CHRISTOPHER M 4
Accession 0001209191-06-002726
CIK 0001011699other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 7:39 PM ET
Size
15.2 KB
Accession
0001209191-06-002726
Insider Transaction Report
Form 4
HIPPS CHRISTOPHER M
Executive Vice President
Transactions
- Disposition to Issuer
tock Options
2006-01-05−20,000→ 0 totalExercise: $34.80Exp: 2015-02-03→ Common Shares (20,000 underlying) - Disposition to Issuer
Common Shares
2006-01-05−41,251→ 0 total - Disposition to Issuer
Common Shares
2006-01-05−5,645→ 0 total - Disposition to Issuer
Stock Options
2006-01-05−10,000→ 0 totalExercise: $26.09Exp: 2013-03-05→ Common Shares (10,000 underlying) - Disposition to Issuer
Stock Options
2006-01-05−14,667→ 0 totalExercise: $34.20Exp: 2014-02-23→ Common Shares (14,667 underlying)
Footnotes (5)
- [F1]These shares were held in a deferred compensation account and will be exchanged at the option exercise ratio for 59,714 shares of BDN having a market value of $1,728,720 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 3,895 shares of BDN having a market value of $112,760 on the date of the merger. In addition, Mr. Hipps reports the disposition of 6,536 shares held by the Company's KEYSOP deferred compensation plan, the shares of which Mr. Hipps was not entitled to vote.
- [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 $149,900.33, 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 February 23, 2004, was canceled in the merger in exchange for a cash payment of $100,908.96, 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.
- [F5]This option, which provided for vesting in three equal annual installments beginning February 3, 2005, was canceled in the merger in exchange for a cash payment of $125,600.00, 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.
Documents
Issuer
PRENTISS PROPERTIES TRUST/MD
CIK 0001011699
Entity typeother
Related Parties
1- filerCIK 0001111646
Filing Metadata
- Form type
- 4
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 7:39 PM ET
- Size
- 15.2 KB