BROWN RICHARD E 4
4 · DEVELOPERS DIVERSIFIED REALTY CORP · Filed Jan 13, 2009
Insider Transaction Report
Form 4
BROWN RICHARD E
Exec. Vice President
Transactions
- Tax Payment
Common Shares
2009-01-09$7.87/sh−1,438$11,317→ 22,345 total
Footnotes (1)
- [F1]On January 9, 2009, the reporting person received Common Shares in settlement of 10,090 stock units credited to his account under the Company's 2005 Equity Deferred Compensation Plan, which stock units were settled on a one-for-one basis in shares previously reported for the reporting person in Table I. Of these shares, the reporting person elected to transfer 1,438 shares to the Company to satisfy tax withholding obligations.