BOSTON CAPITAL REAL ESTATE INVESTMENT TRUST INC 4
4 · BOSTON CAPITAL REAL ESTATE INVESTMENT TRUST INC · Filed Jun 27, 2007
Insider Transaction Report
Form 4
COTTONE PHILIP S
Director
Transactions
- Award
Stock Option (Right to Buy)
2007-06-26+5,000→ 5,000 totalExercise: $10.00From: 2007-06-26Exp: 2017-06-25→ Common stock, $.001 par value per share (5,000 underlying)
Footnotes (2)
- [F1]Represents a stock option issued under the Boston Capital Real Estate Investment Trust, Inc. Independent Director Stock Option Plan. This option is exercisable and vests over a five year period at a rate of 20% on the date of grant listed in column 3 of the table and an additional 20% on each anniversary following the date of grant for a period of four years until 100% of the option becomes exercisable.
- [F2]Represents a stock option issued under the Boston Capital Real Estate Investment Trust, Inc. Independent Director Stock Option Plan. This option is 80% vested, and the remaining 20% will become vested on the first anniversary date of the grant.