8-K 1 bst02004.txt OCTOBER 8K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 27, 2003 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2002-4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-68542-03 52-2365547 Pooling and Servicing Agreement) (Commission 52-2365548 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On October 27, 2003 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2002-4 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-4 Trust, relating to the October 27, 2003 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2002-4 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 11/3/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-4 Trust, relating to the October 27, 2003 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 89/3130/03 Distribution Date: 910/2527/03 BST Series: 2002-4 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A 07384MKL5 SEN 5.~~62086~~63924% ~~161~~140,~~725~~721,~~432~~062.2639 ~~757~~661,~~529~~299.4189 2118,~~004~~792,~~369~~362.8719 X 07384MKP6 SEN 0.27760% 0.00 3732,~~412~~553.4847 0.00 R-1 07384MKM3 SEN 5.~~93839~~93844% 0.00 0.00 0.00 R-2 07384MKN1 SEN 5.~~93839~~93844% 0.00 0.00 0.00 B-1 07384MKQ4 SUB 5.~~89846~~91684% 43,~~234~~969,~~280~~162.5490 2019,~~813~~570.1075 ~~265~~254,~~117~~818.6480 B-2 07384MKR2 SUB 5.~~89846~~91684% 3,~~226~~024,~~230~~228.3596 1514,~~858~~911.1557 ~~202~~194,~~001~~154.3938 B-3 07384MKS0 SUB 5.~~89846~~91684% 2,~~217~~079,~~898~~030.3281 10,~~901~~251.8108 ~~138~~133,~~867~~473.5001 B-4 07384MKT8 SUB 5.~~89846~~91684% ~~806~~756,~~534~~035.1022 3,~~964~~727.4278 5048,~~498~~537.8818 B-5 07384MKV3 SUB 5.~~89846~~91684% ~~806~~756,~~534~~035.1022 3,~~964~~727.4278 5048,~~498~~537.8818 B-6 07384MKX9 SUB 5.~~89846~~91684% ~~806~~756,~~628~~123.7090 3,~~964~~728.8922 5048,~~504~~542.8088 Totals ~~173~~152,~~823~~061,~~538~~679.3740 ~~854~~749,~~408~~770.6854 2119,~~761~~520,~~858~~425.9662

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A 0.00 ~~140~~121,~~721~~928,~~062~~700.3920 2119,~~761~~453,~~899~~662.2808 0.00 X 0.00 0.00 3732,~~412~~553.4847 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 B-1 0.00 3,~~969~~714,~~162~~344.9011 ~~285~~274,~~930~~389.7455 0.00 B-2 0.00 32,~~024~~830,~~228~~074.9657 ~~217~~209,~~859~~065.5495 0.00 B-3 0.00 21,~~079~~945,~~030~~557.8180 ~~149~~143,~~769~~724.3109 0.00 B-4 0.00 ~~756~~707,~~035~~498.2204 5452,~~463~~264.3096 0.00 B-5 0.00 ~~756~~707,~~035~~498.2204 5452,~~463~~264.3096 0.00 B-6 0.00 ~~756~~707,~~123~~581.9003 5452,~~469~~271.6910 0.00 Totals 0.00 ~~152~~132,~~061~~541,~~679~~253.4079 2220,~~616~~270,~~267~~196.6416 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A 416,373,900.00 ~~161~~140,~~725~~721,~~432~~062.2639 43,~~736~~869.4689 2018,~~999~~788,~~633~~492.4130 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 R-1 50.00 0.00 0.00 0.00 0.00 0.00 R-2 50.00 0.00 0.00 0.00 0.00 0.00 B-1 4,507,100.00 43,~~234~~969,~~280~~162.5490 ~~124~~109.0115 ~~264~~254,~~993~~709.6364 0.00 0.00 B-2 3,434,100.00 3,~~226~~024,~~230~~228.3596 9483.4917 ~~201~~194,~~906~~071.9122 0.00 0.00 B-3 2,360,800.00 2,~~217~~079,~~898~~030.3281 6457.9617 ~~138~~133,~~802~~415.5584 0.00 0.00 B-4 858,500.00 ~~806~~756,~~534~~035.1022 2320.6279 5048,~~475~~516.2639 0.00 0.00 B-5 858,500.00 ~~806~~756,~~534~~035.1022 2320.6279 5048,~~475~~516.2639 0.00 0.00 B-6 858,600.73 ~~806~~756,~~628~~123.7090 2320.6279 5048,~~481~~522.1808 0.00 0.00 Totals 429,251,600.73 ~~173~~152,~~823~~061,~~538~~679.3740 54,~~090~~181.7875 2119,~~756~~516,~~768~~243.2086 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A 2118,~~004~~792,~~369~~362.8719 ~~140~~121,~~721~~928,~~062~~700.3920 0.~~33796802~~29283464 2118,~~004~~792,~~369~~362.8719 X 0.00 0.00 0.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 B-1 ~~265~~254,~~117~~818.6480 3,~~969~~714,~~162~~344.9011 0.~~88064674~~82410954 ~~265~~254,~~117~~818.6480 B-2 ~~202~~194,~~001~~154.3938 32,~~024~~830,~~228~~074.9657 0.~~88064674~~82410954 ~~202~~194,~~001~~154.3938 B-3 ~~138~~133,~~867~~473.5001 21,~~079~~945,~~030~~557.8180 0.~~88064673~~82410954 ~~138~~133,~~867~~473.5001 B-4 5048,~~498~~537.8818 ~~756~~707,~~035~~498.2204 0.~~88064673~~82410954 5048,~~498~~537.8818 B-5 5048,~~498~~537.8818 ~~756~~707,~~035~~498.2204 0.~~88064673~~82410954 5048,~~498~~537.8818 B-6 5048,~~504~~542.8088 ~~756~~707,~~123~~581.9003 0.~~88064670~~82410951 5048,~~504~~542.8088 Totals 2119,~~761~~520,~~858~~425.9662 ~~152~~132,~~061~~541,~~679~~253.4079 0.~~35424837~~30877288 2119,~~761~~520,~~858~~425.9662

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 416,373,900.00 ~~388~~337.~~41395260~~96801959 0.~~01137550~~00929427 5045.~~43455752~~12408751 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-1 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,507,100.00 ~~939~~880.~~46895787~~64673515 0.~~02751437~~02421735 5856.~~79470835~~51297730 0.00000000 B-2 3,434,100.00 ~~939~~880.~~46895839~~64673714 0.~~02751522~~02421886 5856.~~79470895~~51297866 0.00000000 B-3 2,360,800.00 ~~939~~880.~~46895967~~64673416 0.~~02751610~~02421637 5856.~~79470942~~51297865 0.00000000 B-4 858,500.00 ~~939~~880.~~46895748~~64673267 0.~~02751310~~02421666 5856.~~79471171~~51297612 0.00000000 B-5 858,500.00 ~~939~~880.~~46895748~~64673267 0.~~02751310~~02421666 5856.~~79471171~~51297612 0.00000000 B-6 858,600.73 ~~939~~880.~~46891939~~64670059 0.~~02750988~~02421382 5856.~~79470892~~51297315 0.00000000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A 0.00000000 5045.~~44593302~~13338178 ~~337~~292.~~96801959~~83463781 0.~~33796802~~29283464 5045.~~44593302~~13338178 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 5856.~~82222272~~53719687 ~~880~~824.~~64673515~~10954050 0.~~88064674~~82410954 5856.~~82222272~~53719687 B-2 0.00000000 5856.~~82222125~~53719461 ~~880~~824.~~64673714~~10953962 0.~~88064674~~82410954 5856.~~82222125~~53719461 B-3 0.00000000 5856.~~82222128~~53719502 ~~880~~824.~~64673416~~10953914 0.~~88064673~~82410954 5856.~~82222128~~53719502 B-4 0.00000000 5856.~~82222481~~53719278 ~~880~~824.~~64673267~~10953990 0.~~88064673~~82410954 5856.~~82222481~~53719278 B-5 0.00000000 5856.~~82222481~~53719278 ~~880~~824.~~64673267~~10953990 0.~~88064673~~82410954 5856.~~82222481~~53719278 B-6 0.00000000 5856.~~82221880~~53719861 ~~880~~824.~~64670059~~10951363 0.~~88064670~~82410951 5856.~~82221880~~53719861 (3) Amount Does Not Include Excess Special Hazard, ~~Bankrupcy~~Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A 416,373,900.00 5.~~62086~~63924% ~~161~~140,~~725~~721,~~432~~062.2639 ~~757~~661,~~529~~299.4189 0.00 0.00 X 0.00 0.27760% ~~161~~140,~~725~~721,~~432~~062.2639 3732,~~412~~553.4847 0.00 0.00 R-1 50.00 5.~~93839~~93844% 0.00 0.00 0.00 0.00 R-2 50.00 5.~~93839~~93844% 0.00 0.00 0.00 0.00 B-1 4,507,100.00 5.~~89846~~91684% 43,~~234~~969,~~280~~162.5490 2019,~~813~~570.1075 0.00 0.00 B-2 3,434,100.00 5.~~89846~~91684% 3,~~226~~024,~~230~~228.3596 1514,~~858~~911.1557 0.00 0.00 B-3 2,360,800.00 5.~~89846~~91684% 2,~~217~~079,~~898~~030.3281 10,~~901~~251.8108 0.00 0.00 B-4 858,500.00 5.~~89846~~91684% ~~806~~756,~~534~~035.1022 3,~~964~~727.4278 0.00 0.00 B-5 858,500.00 5.~~89846~~91684% ~~806~~756,~~534~~035.1022 3,~~964~~727.4278 0.00 0.00 B-6 858,600.73 5.~~89846~~91684% ~~806~~756,~~628~~123.7090 3,~~964~~728.8922 0.00 0.00 Totals 429,251,600.73 ~~854~~749,~~408~~770.6854 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A 0.00 0.00 ~~757~~661,~~529~~299.4189 0.00 ~~140~~121,~~721~~928,~~062~~700.3920 X 0.00 0.00 3732,~~412~~553.4847 0.00 ~~140~~121,~~721~~928,~~062~~700.3920 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 2019,~~813~~570.1075 0.00 3,~~969~~714,~~162~~344.9011 B-2 0.00 0.00 1514,~~858~~911.1557 0.00 32,~~024~~830,~~228~~074.9657 B-3 0.00 0.00 10,~~901~~251.8108 0.00 21,~~079~~945,~~030~~557.8180 B-4 0.00 0.00 3,~~964~~727.4278 0.00 ~~756~~707,~~035~~498.2204 B-5 0.00 0.00 3,~~964~~727.4278 0.00 ~~756~~707,~~035~~498.2204 B-6 0.00 0.00 3,~~964~~728.8922 0.00 ~~756~~707,~~123~~581.9003 Totals 0.00 0.00 ~~854~~749,~~408~~770.6854 0.00 (4) Amount Does Not Include Excess Special Hazard, ~~Bankrupcy~~Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A 416,373,900.00 5.~~62086~~63924% ~~388~~337.~~41395260~~96801959 1.~~81934893~~58823569 0.00000000 0.00000000 X 0.00 0.27760% ~~388~~337.~~41395260~~96801959 0.~~08985309~~07818326 0.00000000 0.00000000 R-1 50.00 5.~~93839~~93844% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 5.~~93839~~93844% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,507,100.00 5.~~89846~~91684% ~~939~~880.~~46895787~~64673515 4.~~61784740~~34220452 0.00000000 0.00000000 B-2 3,434,100.00 5.~~89846~~91684% ~~939~~880.~~46895839~~64673714 4.~~61784747~~34220611 0.00000000 0.00000000 B-3 2,360,800.00 5.~~89846~~91684% ~~939~~880.~~46895967~~64673416 4.~~61784565~~34220603 0.00000000 0.00000000 B-4 858,500.00 5.~~89846~~91684% ~~939~~880.~~46895748~~64673267 4.~~61784508~~34220151 0.00000000 0.00000000 B-5 858,500.00 5.~~89846~~91684% ~~939~~880.~~46895748~~64673267 4.~~61784508~~34220151 0.00000000 0.00000000 B-6 858,600.73 5.~~89846~~91684% ~~939~~880.~~46891939~~64670059 4.~~61785072~~34220455 0.00000000 0.00000000 (5) Per $1 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A 0.00000000 0.00000000 1.~~81934893~~58823569 0.00000000 ~~337~~292.~~96801959~~83463781 X 0.00000000 0.00000000 0.~~08985309~~07818326 0.00000000 ~~337~~292.~~96801959~~83463781 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 4.~~61784740~~34220452 0.00000000 ~~880~~824.~~64673515~~10954050 B-2 0.00000000 0.00000000 4.~~61784747~~34220611 0.00000000 ~~880~~824.~~64673714~~10953962 B-3 0.00000000 0.00000000 4.~~61784565~~34220603 0.00000000 ~~880~~824.~~64673416~~10953914 B-4 0.00000000 0.00000000 4.~~61784508~~34220151 0.00000000 ~~880~~824.~~64673267~~10953990 B-5 0.00000000 0.00000000 4.~~61784508~~34220151 0.00000000 ~~880~~824.~~64673267~~10953990 B-6 0.00000000 0.00000000 4.~~61785072~~34220455 0.00000000 ~~880~~824.~~64670059~~10951363 (6) Amount Does Not Include Excess Special Hazard, ~~Bankrupcy~~Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 2220,~~650~~309,~~754~~619.0368 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 135,~~258~~514.41 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 2220,~~664~~315,~~012~~134.4409 Withdrawals Reimbursement for Servicer Advances 1113,~~531~~258.5741 Payment of Service Fee 3631,~~213~~679.2352 Payment of Interest and Principal 2220,~~616~~270,~~267~~196.6416 Total Withdrawals (Pool Distribution Amount) 2220,~~664~~315,~~012~~134.4409 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 3631,~~213~~679.2352 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 3631,~~213~~679.2352

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 51 0 0 0 51 2998,~~585,797~~836.4178 0.00 0.00 0.00 2998,~~585,797~~836.4178 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 51 0 0 0 51 2998,~~585,797~~836.4178 0.00 0.00 0.00 2998,~~585,797~~836.4178 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~607717~~366300% 0.000000% 0.000000% 0.000000% 10.~~607717~~366300% 10.~~700443~~753586% 0.000000% 0.000000% 0.000000% 10.~~700443~~753586% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 10.~~607717~~366300% 0.000000% 0.000000% 0.000000% 10.~~607717~~366300% 10.~~700443~~753586% 0.000000% 0.000000% 0.000000% 10.~~700443~~753586%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 135,~~258~~514.41

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.~~148456~~166840% Weighted Average Net Coupon 5.~~898456~~916840% Weighted Average Pass-Through Rate 5.~~898456~~916840% Weighted Average Maturity(Stepdown Calculation ) ~~340~~339 Beginning Scheduled Collateral Loan Count ~~354~~311 Number Of Loans Paid In Full 4338 Ending Scheduled Collateral Loan Count ~~311~~273 Beginning Scheduled Collateral Balance ~~173~~152,~~823~~061,~~538~~679.3741 Ending Scheduled Collateral Balance ~~152~~132,~~061~~541,~~679~~253.4179 Ending Actual Collateral Balance at 3130-~~Aug~~Sep-2003 ~~152~~132,~~066~~544,~~139~~585.4812 Monthly P &I Constant ~~895~~785,~~712~~631.7082 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~152~~132,~~061~~541,~~679~~253.4179 Scheduled Principal 54,~~090~~181.7876 Unscheduled Principal 2119,~~756~~516,~~768~~243.1886

Miscellaneous Reporting Average Loss Severity 0 Senior Percentage 9392.~~040007~~542094% Senior Prepayment Percentage 96.~~520004~~271047% Subordinate Percentage 67.~~959993~~457906% Subordinate Prepayment Percentage 3.~~479996~~728953%

Filing Compare · BEAR STEARNS ARM TRUST MORTGAGE PASS THR CERT SERIES 2002-4