RAMCO GERSHENSON PROPERTIES TRUST 4
4 · RAMCO GERSHENSON PROPERTIES TRUST · Filed Mar 12, 2007
Insider Transaction Report
Form 4
RAMCO GERSHENSON PROPERTIES TRUSTNYSE: RPT
SMITH RICHARD JAMES
Chief Financial Officer
Transactions
- Award
Restricted stock
2007-03-08+1,391→ 1,391 total→ Common shares of beneficial interest (1,391 underlying) - Award
Stock options (right to buy)
2007-03-08+11,825→ 11,825 totalExercise: $34.30Exp: 2017-03-08→ Common shares of beneficial interest (11,825 underlying)
Footnotes (4)
- [F1]Options were granted to the reporting person pursuant to the Ramco-Gershenson Properties Trust 2003 Long-Term Incentive Plan. Each option granted under the 2003 Plan may be exercised for one common share of beneficial interest of the Trust upon vesting.
- [F2]The options vest in three equal installments on March 8, 2008, 2009 and 2010, respectively.
- [F3]The restricted stock was granted to the reporting person pursuant to the Ramco-Gershenson Properties Trust 2003 Long-Term Incentive Plan. Each share of restricted share represents the right to receive one common share of beneficial interest of the Trust upon vesting. The holder of the restricted stock has all the rights of a holder of common shares (other than free transfer rights), including voting rights and cash dividend rights.
- [F4]The restricted stock vests in three equal installments on March 8, 2008, 2009 and 2010, respectively.