ASSOCIATED ESTATES REALTY CORP 4
4 · ASSOCIATED ESTATES REALTY CORP · Filed Aug 11, 2015
Insider Transaction Report
Form 4
Friedman Jason A
VP, Construction & Development
Transactions
- Disposition to Issuer
Common Shares, without par value
2015-08-07$28.75/sh−60,372$1,735,695→ 0 total - Disposition to Issuer
Common Shares, without par value
2015-08-07$28.75/sh−5,044$145,015→ 0 total(indirect: By Children) - Disposition to Issuer
Employee Stock Options
2015-08-07$19.98/sh−10,000$199,800→ 0 totalExercise: $8.77From: 2010-09-08Exp: 2019-09-08→ Common Shares (10,000 underlying)
Footnotes (2)
- [F1]Common shares disposed of pursuant to a merger agreement among the Issuer, BSREP II Aries Pooling LLC and BSREP II Aries DE Merger Sub Inc. in exchange for the right to receive $28.75 in cash per share.
- [F2]Disposed of pursuant to a merger agreement among the Issuer, BSREP II Aries Pooling LLC and BSREP II Aries DE Merger Sub Inc. in exchange for the right to receive $19.98 per share underlying the stock options, representing the spread between the exercise price and the merger price of $28.75 per share.