Handy Charles 4
4 · Cogdell Spencer Inc. · Filed Sep 6, 2011
Insider Transaction Report
Form 4
Handy Charles
CFO, Senior VP, Secretary
Transactions
- Award
Partnership Units
2011-08-24+6,352→ 155,673 totalExercise: $0.00→ Common Stock (6,352 underlying)
Holdings
- 1,500(indirect: By Spouse)
Common Stock
- 500
Common Stock
Footnotes (3)
- [F1]Although not a derivative security, Mr. Handy was granted 6,352 long term incentive plan units ("LTIP units") on August 24, 2011, pursuant to the Cogdell Spencer Inc. (the "Company") 2010 long-term stock incentive plan. All of the 6,352 LTIP units vested upon issuance.
- [F2]LTIP units may be converted 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 on a one for one basis. OP units are redeemable for a cash amount equal to the value of the 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.
- [F3]Comprised of 89,737 OP units, 35,475 vested LTIP units, and 30,461 unvested LTIP units. Some or all of the 35,475 vested and 30,461 unvested LTIP units may in the future be converted into OP units, thereby increasing the number of OP units owned by Mr. Handy by the corresponding number of LTIP units converted into OP units.