Home/Filings/4/0001209191-06-002734
4//SEC Filing

PRENTISS PROPERTIES TRUST/MD 4

Accession 0001209191-06-002734

CIK 0001011699operating

Filed

Jan 8, 7:00 PM ET

Accepted

Jan 9, 7:52 PM ET

Size

15.9 KB

Accession

0001209191-06-002734

Insider Transaction Report

Form 4
Period: 2006-01-05
Transactions
  • Disposition to Issuer

    Common Shares

    2006-01-0529,2650 total
  • Disposition to Issuer

    Stock Options

    2006-01-057,5000 total
    Exercise: $31.35Exp: 2012-07-01Common 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.

Issuer

PRENTISS PROPERTIES TRUST/MD

CIK 0001011699

Entity typeoperating

Related Parties

1
  • filerCIK 0001011699

Filing Metadata

Form type
4
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 7:52 PM ET
Size
15.9 KB