PRENTISS PROPERTIES TRUST/MD 4
4 · PRENTISS PROPERTIES TRUST/MD · Filed Jan 9, 2006
Insider Transaction Report
Form 4
RIGGS LEONARD M JR
Other
Transactions
- Disposition to Issuer
Common Shares
2006-01-05−29,265→ 0 total - Disposition to Issuer
Stock Options
2006-01-05−7,500→ 0 totalExercise: $31.35Exp: 2012-07-01→ Common Shares (7,500 underlying)
Footnotes (5)
- [F1]These shares were held directly and will be exchanged for the merger consideration of $21.50 per share and 20,192 shares of BDN having a market value of $584,558 on the date of the merger.
- [F2]This option, which vested when issued on July 1, 2002, was canceled in the merger in exchange for a cash payment of $72,975.00, 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.
- [F3]This option, which vested when issued on July 1, 2003, was canceled in the merger in exchange for a cash payment of $83,175.00, 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.
- [F4]This option, which vested when issued on July 1, 2004, was canceled in the merger in exchange for a cash payment of $56,700.00, 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.
- [F5]This option, which vested when issued on July 1, 2005, was canceled in the merger in exchange for a cash payment of $34,800.00, 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.