SOVRAN SELF STORAGE INC 4
4 · SOVRAN SELF STORAGE INC · Filed May 20, 2005
Insider Transaction Report
Form 4
BURNS JOHN E
Director
Transactions
- Award
Director's stock option (right to buy)
2005-05-18+2,000→ 2,000 totalExercise: $45.60From: 2005-05-18Exp: 2015-05-18→ Common Stock (2,000 underlying) - Award
Common Stock
2005-05-18+439→ 17,985.17 total - Award
Common Stock
2005-05-18$45.42/sh+1,144.4$51,979→ 19,129.57 total
Footnotes (3)
- [F1]Phantom shares of Common Stock ("Units") acquired in lieu of director's fees pursuant to the Sovran Self Storage, Inc. Deferred Compensation Plan for Directors.
- [F2]The life of the stock options is the later of 10 years or one year following the date on which the outside director ceases to serve as a director of the Company.
- [F3]Options granted without cost in connection with service as an outside director.