IGLEHART GREGORY W 4

4 · GABLES REALTY LIMITED PARTNERSHIP · Filed Sep 5, 2003

Form 4

Period: 2003-08-27

Senior Vice President

Transactions

Sale
Common Shares of Beneficial Interest, $0.01 par value
2003-08-27−6,300→ 2,705 total
Exercise: $32.00→ Units (6,300 underlying)
Exercise/Conversion
Employee Stock Option (Right to Buy)
2003-08-27−6,300→ 0 total
Exercise: $27.63Exp: 2008-05-19→ Common Shares (6,300 underlying)
Exercise/Conversion
Common Shares of Beneficial Interest, $0.01 par value
2003-08-27+6,300→ 9,005 total
Exercise: $27.63→ Units (6,300 underlying)

Footnotes (3)

[F1]Grant to reporting person of option to buy 6,300 common shares of Gables Residential Trust (the "Company") vested in three equal installments on the first, second and third anniversaries of the May 19, 1998 grant date.
[F2]The issuer of the common shares is the Company, which is the 100% owner of Gables GP, Inc., the general partner of Gables Realty Limited Partnership (the "Partnership"). Units of the Partnership are redeemable for cash equal to the fair market value of such shares at the time of redemption or, at the election of the Company, an equal number of common shares.
[F3]Date exercisable and expiration date are not applicable to Units of the Partnership.

Documents

1 file