4//SEC Filing
Spencer Frank 4
Accession 0001209191-09-012789
CIK 0001332896other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 6:54 PM ET
Size
8.2 KB
Accession
0001209191-09-012789
Insider Transaction Report
Form 4
Spencer Frank
DirectorCEO, President
Transactions
- Award
Partnership Units
2009-02-26+1,419→ 360,124 total→ Common Stock (1,419 underlying)
Holdings
- 237,328
Common Stock
Footnotes (3)
- [F1]Although not a derivative security, Mr. Spencer was granted 63,569 long term incentive plan units ("LTIP units") on February 26, 2009, pursuant to the Cogdell Spencer Inc. (the "Company") 2005 long-term stock incentive plan. All of 63,569 LTIP units vested upon issuance. LTIP units may be convertible into limited partnership units ("OP units") in Cogdell Spencer LP (the "Operating Partnership") if there is an increase in the value of the Operating Partnership's assets, which revaluation will occur upon the occurrence of certain events (each a "Book-up Event"). LTIP units are convertible into OP units in the Operating Partnership on a one for one basis. OP units are redeemable for a cash amount equal to the value of OP units or, in the Company's sole and absolute discretion, exchangeable for shares of the Company's common stock based on an exchange ratio of one share of common stock for one OP unit.
- [F2]Mr. Spencer vested in 1,419 previously unvested LTIP units on February 26, 2009 and all of such LTIP units converted into 1,419 OP units on such date.
- [F3]Comprised of 247,817 OP units, 63,569 vested LTIP units, and 48,738 unvested LTIP units, which LTIP units will vest based on Company performance. Some or all of the 63,569 vested and 49,738 unvested LTIP units may in the future be converted into OP units, thereby increasing the number of OP units owned by Mr. Spencer by the corresponding number of LTIP units converted into OP units.
Documents
Issuer
Cogdell Spencer Inc.
CIK 0001332896
Entity typeother
Related Parties
1- filerCIK 0001342175
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 6:54 PM ET
- Size
- 8.2 KB