CROWN AMERICAN REALTY TRUST·4

Nov 25, 1:53 PM ET

ZUCCO DONATO B 4

4 · CROWN AMERICAN REALTY TRUST · Filed Nov 25, 2003

Insider Transaction Report

Form 4
Period: 2003-11-20
ZUCCO DONATO B
Sr VP Chief Admin OfficerOther
Transactions
  • Disposition to Issuer

    Stock Options (right to buy)

    2003-11-2015,0000 total
    Exercise: $5.44Exp: 2011-04-26Common Stock (15,000 underlying)
  • Disposition to Issuer

    Stock Options (right to buy)

    2003-11-2024,0000 total
    Exercise: $5.31Exp: 2011-12-20Common Stock (24,000 underlying)
  • Disposition to Issuer

    Common Stock

    2003-11-2039,846.0490 total
Footnotes (3)
  • [F1]Disposed of pursuant to merger agreement between issuer and Pennsylvania Real Estate Investment Trust (PREIT) in exchange for 14,300 shares of PREIT common stock having a market value of $34.18 per share on the effective date of the merger.
  • [F2]This option, which provided for vesting in three equal annual installments beginning April 26, 2004, was assumed by PREIT in the merger and replaced with an option to purchase 5,383 shares of PREIT common stock for $15.15 per share.
  • [F3]This option, which provided for vesting in fourt equal annual installments beginning December 20, 2003, was assumed by PREIT in the merger and replaced with an option to purchase 8,613 shares of PREIT common stock for $14.80 per share.

Documents

1 file
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    edgar.xmlPrimary

    PRIMARY DOCUMENT