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CROWN AMERICAN REALTY TRUST·4

Nov 25, 2:38 PM ET

SIRIS PETER J 4

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

Insider Transaction Report

Form 4Exit
Period: 2003-11-20
CROWN AMERICAN REALTY TRUSTCWN
SIRIS PETER J
Other
Transactions
  • Disposition to Issuer

    Common Stock

    [F1]
    2003-11-20−21,000→ 0 total(indirect: Guerilla Partners LP)
  • Disposition to Issuer

    Common Stock

    [F2]
    2003-11-20−24,800→ 0 total
  • Disposition to Issuer

    Common Stock

    [F3]
    2003-11-20−6,500→ 0 total(indirect: By IRA)
  • Disposition to Issuer

    Stock Option (right to buy)

    [F4]
    2003-11-20−5,000→ 0 total
    Exercise: $9.94Exp: 2003-12-31→ Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    [F5]
    2003-11-20−5,000→ 0 total
    Exercise: $7.75Exp: 2003-12-31→ Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    [F6]
    2003-11-20−5,000→ 0 total
    Exercise: $5.50Exp: 2004-12-31→ Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    [F7]
    2003-11-20−5,000→ 0 total
    Exercise: $5.31Exp: 2005-12-31→ Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    [F8]
    2003-11-20−5,000→ 0 total
    Exercise: $7.80Exp: 2006-12-31→ Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    [F9]
    2003-11-20−5,000→ 0 total
    Exercise: $9.20Exp: 2007-12-31→ Common Stock (5,000 underlying)
Footnotes (9)
  • [F1]Disposed of pursuant to merger agreement between issuer and Pennsylvania Real Estate Investment Trust (PREIT) in exchange for 7,536 shares of PREIT common stock having a market value of $34.18 per share on the effective date of the merger.
  • [F2]Disposed of pursurant to merger agreement between issuer and Pennsylvania Real Estate Investment Trust (PREIT) in exchange for 8,900 shares of PREIT common stock having a market value of $34.18 per share on the effective date of the merger.
  • [F3]Disposed of pursuant to merger agreement between issuer and Pennsylvania Real Estate Investment Trust (PREIT) in exchange for 2,332 shares of PREIT common stock having a market value of $34.18 per share on the effective date of the merger.
  • [F4]This option, which provided for immediate vesting beginning April 29, 1998, was assumed by PREIT in the merger and replaced with an option to purchase 1,794 shares of PREIT common stock for $27.69 per share.
  • [F5]This option, which provided for immediate vesting beginning December 31, 1998, was assumed by PREIT in the merger and replaced with an option to purchase 1,794 shares of PREIT common stock for $21.59 per share.
  • [F6]This option, which provided for immediate vesting beginning December 31, 1999, was assumed by PREIT in the merger and replaced with an option to purchase 1,794 shares of PREIT common stock for $15.32 per share.
  • [F7]This option, which provided for immediate vesting beginning December 31, 2000, was assumed by PREIT in the merger and replaced with an option to purchase 1,794 shares of PREIT common stock for $14.80 per share.
  • [F8]This option, which provided for immediate vesting beginning December 31, 2001, was assumed by PREIT in the merger and replaced with an option to purchase 1,794 shares of PREIT common stock for $21.73 per share.
  • [F9]This option, which provided for immediate vesting beginning December 31, 2002, was assumed by PREIT in the merger and replaced with an option to purchase 1,794 shares of PREIT common stock for $25.63 per share.
Signature
Peter J. Siris|2003-11-25

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