Otto Michael Ingo Werner 4
4 · DEVELOPERS DIVERSIFIED REALTY CORP · Filed May 5, 2011
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock
2011-05-03$14.52/sh−250,000$3,630,250→ 2,375,916 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.305 to $14.73, inclusive, on May 3, 2011. The Reporting Person undertakes to provide to Developers Diversified Realty Corporation, any security holder of Developers Diversified Realty Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4. See the Schedule 13D/A filed by the Reporting Person on April 26, 2011 for members of the 13(d) group.