COLONIAL PROPERTIES TRUST 4
4 · COLONIAL PROPERTIES TRUST · Filed Oct 3, 2013
Insider Transaction Report
Form 4
MEISLER HERBERT A
Other
Transactions
- Disposition to Issuer
Trustee Share Option (right to buy)
2013-10-01−5,000→ 0 totalExercise: $23.56From: 2009-04-23Exp: 2014-10-01→ Common Shares of Beneficial Interest (5,000 underlying) - Disposition to Issuer
Trustee Share Option (right to buy)
2013-10-01−5,000→ 0 totalExercise: $22.71From: 2013-04-25Exp: 2014-10-01→ Common Shares of Beneficial Interest (5,000 underlying) - Disposition to Issuer
Trustee Share Option (right to buy)
2013-10-01−5,000→ 0 totalExercise: $14.75From: 2011-04-28Exp: 2014-10-01→ Common Shares of Beneficial Interest (5,000 underlying) - Disposition to Issuer
Common Shares of Beneficial Interest
2013-10-01−271,228.174→ 0 total - Disposition to Issuer
Trustee Share Option (right to buy)
2013-10-01−4,510→ 0 totalExercise: $23.09Exp: 2014-10-01→ Common Shares of Beneficial Interest (4,510 underlying) - Disposition to Issuer
Trustee Share Option (right to buy)
2013-10-01−5,000→ 0 totalExercise: $24.92From: 2005-04-21Exp: 2014-04-21→ Common Shares of Beneficial Interest (5,000 underlying) - Disposition to Issuer
Trustee Share Option (right to buy)
2013-10-01−5,000→ 0 totalExercise: $39.22From: 2008-04-25Exp: 2017-04-25→ Common Shares of Beneficial Interest (5,000 underlying) - Disposition to Issuer
Trustee Share Option (right to buy)
2013-10-01−5,000→ 0 totalExercise: $20.55From: 2012-04-27Exp: 2014-10-01→ Common Shares of Beneficial Interest (5,000 underlying) - Disposition to Issuer
Trustee Share Option (right to buy)
2013-10-01−5,000→ 0 totalExercise: $27.67From: 2006-05-02Exp: 2015-05-02→ Common Shares of Beneficial Interest (5,000 underlying) - Disposition to Issuer
Trustee Share Option (right to buy)
2013-10-01−5,000→ 0 totalExercise: $37.28From: 2007-04-26Exp: 2016-04-26→ Common Shares of Beneficial Interest (5,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger (the "Merger Agreement"), dated as of June 3, 2013, by and among Colonial Properties Trust ("Colonial"), Mid-America Apartment Communities, Inc. ("Mid-America"), Mid-America Apartments, L.P., Martha Merger Sub, LP and Colonial Realty Limited Partnership, pursuant to which each common share of beneficial interest of Colonial was converted into 0.360 shares of common stock of Mid-America and cash payable in lieu of any fractional shares of Mid-America common stock.
- [F2]In connection with the closing under the Merger Agreement, the option became fully exercisable immediately prior to the closing of the merger.
- [F3]Pursuant to the Merger Agreement, each outstanding option was assumed by Mid-America and converted into an option to purchase a number of shares of Mid-America common stock equal to the product of 0.360 multiplied by the number of Colonial common shares that would have been acquired upon the exercise of such option prior to the effective time of the merger, with an exercise price equal to the exercise price for each Colonial common share prior to the effective time divided by 0.360.