CRT PROPERTIES INC 4

4 · CRT PROPERTIES INC · Filed Feb 18, 2005

Form 4

Period: 2005-02-16

DirectorChief Executive Officer

Transactions

Award
Common Stock
2005-02-18$22.80/sh+10,181.34$232,135→ 390,613.313 total
Award
2002 Long Term Incentive Plan Units ("LTI Units")
2005-02-16$22.80/sh+30,544.019$696,404→ 841,304.069 total
Exercise: $22.80→ Common Shares (30,544.019 underlying)
Exercise/Conversion
2002 LTI Units
2005-02-18$22.80/sh−10,181.34$232,135→ 831,122.729 total
Exercise: $22.80→ Common Shares (10,181.34 underlying)

Footnotes (4)

[F1]This entry reflects Mr. Crocker's election to receive a portion of his vested 2002 Long Term Incentive Plan units in shares of Common Stock. See footnote (3)to Table II.
[F2]The aggregate reflects in part a correction to the share number listed on the Form 4 filed on 1/19/2004 due to an error in the stock price for that entry.
[F3]2002 Long Term Investment Plan units vested on 2/16/05. Each participant has the option to convert his shares into any combination of the following (i) receive a vested amount in cash, (ii) receive a vested amount in common shares, or (iii) have a vested amount credited to an unfunded deferred investment account established by the CRT Properties, Inc.
[F4]This entry reflects Mr. Crocker's election to receive a portion of his vested 2002 LTI Units in shares of Common Stock.

Documents

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