8-K 1 bst02004_aug.txt AUGUST 8-K 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): August 25, 2004 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, 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) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On August 25, 2004 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2002-4 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-4 Trust, relating to the August 25, 2004 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 (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 8/25/2004 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 August 25, 2004 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 67/3031/042004 Distribution Date: 78/2625/042004 BST Series: 2002-4 Contact: Customer Service - CTSLink Wells Fargo Bank, 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.~~62980~~63238% 6562,~~475~~187,~~603~~708.9372 ~~307~~291,~~178~~887.8248 31,~~287~~648,~~895~~900.2143 X 07384MKP6 SEN 0.27760% 0.00 1514,~~146~~386.6909 0.00 R-1 07384MKM3 SEN 5.~~93841~~93840% 0.00 0.00 0.00 R-2 07384MKN1 SEN 5.~~93841~~93840% 0.00 0.00 0.00 B-1 07384MKQ4 SUB 5.~~90740~~90998% 2,~~780~~714,~~553~~682.1917 13,~~688~~369.2077 6533,~~871~~929.0236 B-2 07384MKR2 SUB 5.~~90740~~90998% 2,~~118~~068,~~590~~400.1698 10,~~429~~186.4785 5025,~~189~~851.1884 B-3 07384MKS0 SUB 5.~~90740~~90998% 1,~~456~~421,~~442~~939.0509 7,~~169~~003.8203 3417,~~502~~772.9606 B-4 07384MKT8 SUB 5.~~90740~~90998% ~~529~~517,~~632~~085.1219 2,~~607~~546.2964 126,~~546~~462.9377 B-5 07384MKV3 SUB 5.~~90740~~90998% ~~529~~517,~~632~~085.1219 2,~~607~~546.2964 126,~~546~~462.9377 B-6 07384MKX9 SUB 5.~~90740~~90998% ~~529~~517,~~694~~145.2383 2,~~607~~546.6094 126,~~548~~463.4053 Totals 7369,~~420~~944,~~147~~047.8017 ~~361~~344,~~435~~473.1844 31,~~476~~745,~~100~~842.6376

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A 0.00 6260,~~187~~538,~~708~~808.7229 31,~~595~~940,~~074~~787.0391 0.00 X 0.00 0.00 1514,~~146~~386.6909 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 2,~~714~~680,~~682~~752.1781 7947,~~559~~299.2213 0.00 B-2 0.00 2,~~068~~042,~~400~~549.9814 6036,~~618~~038.6569 0.00 B-3 0.00 1,~~421~~404,~~939~~167.0903 4124,~~672~~775.7809 0.00 B-4 0.00 ~~517~~510,~~085~~622.1942 159,~~154~~009.2241 0.00 B-5 0.00 ~~517~~510,~~085~~622.1942 159,~~154~~009.2241 0.00 B-6 0.00 ~~517~~510,~~145~~682.8330 159,~~156~~010.0047 0.00 Totals 0.00 6968,~~944~~198,~~047~~204.1741 32,~~837~~090,~~535~~316.8120 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 6562,~~475~~187,~~603~~708.9372 2,~~256~~261.9968 31,~~285~~646,638.2374 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 2,~~780~~714,~~553~~682.1917 9598.8573 6533,~~775~~830.1763 0.00 0.00 B-2 3,434,100.00 2,~~118~~068,~~590~~400.1698 7375.0322 5025,~~116~~776.1561 0.00 0.00 B-3 2,360,800.00 1,~~456~~421,~~442~~939.0509 5051.2071 3417,~~452~~720.7634 0.00 0.00 B-4 858,500.00 ~~529~~517,~~632~~085.1219 18.2681 126,~~528~~443.6797 0.00 0.00 B-5 858,500.00 ~~529~~517,~~632~~085.1219 18.2681 126,~~528~~443.6797 0.00 0.00 B-6 858,600.73 ~~529~~517,~~694~~145.2383 18.2681 126,~~530~~444.1472 0.00 0.00 Totals 429,251,600.73 7369,~~420~~944,~~147~~047.8017 2,~~530~~543.8577 31,~~473~~743,~~569~~298.7998 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 31,~~287~~648,~~895~~900.2143 6260,~~187~~538,~~708~~808.7229 0.~~14935544~~14539530 31,~~287~~648,~~895~~900.2143 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 6533,~~871~~929.0236 2,~~714~~680,~~682~~752.1781 0.~~60231239~~59478441 6533,~~871~~929.0236 B-2 5025,~~189~~851.1884 2,~~068~~042,~~400~~549.9814 0.~~60231239~~59478441 5025,~~189~~851.1884 B-3 3417,~~502~~772.9606 1,~~421~~404,~~939~~167.0903 0.~~60231239~~59478441 3417,~~502~~772.9606 B-4 126,~~546~~462.9377 ~~517~~510,~~085~~622.1942 0.~~60231239~~59478441 126,~~546~~462.9377 B-5 126,~~546~~462.9377 ~~517~~510,~~085~~622.1942 0.~~60231239~~59478441 126,~~546~~462.9377 B-6 126,~~548~~463.4053 ~~517~~510,~~145~~682.8330 0.~~60231236~~59478438 126,~~548~~463.4053 Totals 31,~~476~~745,~~100~~842.6376 6968,~~944~~198,~~047~~204.1741 0.~~16294417~~15887699 31,~~476~~745,~~100~~842.6376

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 416,373,900.00 ~~157~~149.~~25194094~~35544404 0.~~00542058~~00543185 73.~~89107634~~95471171 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 ~~616~~602.~~92733465~~31238934 0.~~02126645~~02190544 147.~~59367886~~50607486 0.00000000 B-2 3,434,100.00 ~~616~~602.~~92733467~~31239044 0.~~02126613~~02190385 147.~~59367811~~50607437 0.00000000 B-3 2,360,800.00 ~~616~~602.~~92733395~~31238987 0.~~02126398~~02190359 147.~~59368011~~50607421 0.00000000 B-4 858,500.00 ~~616~~602.~~92733838~~31239371 0.~~02126966~~02191031 147.~~59367501~~50608037 0.00000000 B-5 858,500.00 ~~616~~602.~~92733838~~31239371 0.~~02126966~~02191031 147.~~59367501~~50608037 0.00000000 B-6 858,600.73 ~~616~~602.~~92729984~~31235769 0.~~02126716~~02190774 147.~~59367499~~50607328 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 73.~~89649690~~96014359 ~~149~~145.~~35544404~~39530045 0.~~14935544~~14539530 73.~~89649690~~96014359 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 147.~~61494531~~52798030 ~~602~~594.~~31238934~~78440904 0.~~60231239~~59478441 147.~~61494531~~52798030 B-2 0.00000000 147.~~61494424~~52798113 ~~602~~594.~~31239044~~78440931 0.~~60231239~~59478441 147.~~61494424~~52798113 B-3 0.00000000 147.~~61494409~~52798204 ~~602~~594.~~31238987~~78440783 0.~~60231239~~59478441 147.~~61494409~~52798204 B-4 0.00000000 147.~~61494467~~52797903 ~~602~~594.~~31239371~~78441468 0.~~60231239~~59478441 147.~~61494467~~52797903 B-5 0.00000000 147.~~61494467~~52797903 ~~602~~594.~~31239371~~78441468 0.~~60231239~~59478441 147.~~61494467~~52797903 B-6 0.00000000 147.~~61494215~~52798102 ~~602~~594.~~31235769~~78437667 0.~~60231236~~59478438 147.~~61494215~~52798102 (3) Amount Does Not Include Excess Special Hazard, 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.~~62980~~63238% 6562,~~475~~187,~~603~~708.9372 ~~307~~291,~~178~~887.8349 0.00 0.00 X 0.00 0.27760% 6562,~~475~~187,~~603~~708.9372 1514,~~146~~386.6909 0.00 0.00 R-1 50.00 5.~~93841~~93840% 0.00 0.00 0.00 0.00 R-2 50.00 5.~~93841~~93840% 0.00 0.00 0.00 0.00 B-1 4,507,100.00 5.~~90740~~90998% 2,~~780~~714,~~553~~682.1917 13,~~688~~369.2077 0.00 0.00 B-2 3,434,100.00 5.~~90740~~90998% 2,~~118~~068,~~590~~400.1698 10,~~429~~186.4785 0.00 0.00 B-3 2,360,800.00 5.~~90740~~90998% 1,~~456~~421,~~442~~939.0509 7,~~169~~003.8203 0.00 0.00 B-4 858,500.00 5.~~90740~~90998% ~~529~~517,~~632~~085.1219 2,~~607~~546.2964 0.00 0.00 B-5 858,500.00 5.~~90740~~90998% ~~529~~517,~~632~~085.1219 2,~~607~~546.2964 0.00 0.00 B-6 858,600.73 5.~~90740~~90998% ~~529~~517,~~694~~145.2383 2,~~607~~546.6094 0.00 0.00 Totals 429,251,600.73 ~~361~~344,~~435~~473.1945 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 ~~307~~291,~~178~~887.8248 0.00 6260,~~187~~538,~~708~~808.7229 X 0.00 0.00 1514,~~146~~386.6909 0.00 6260,~~187~~538,~~708~~808.7229 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 13,~~688~~369.2077 0.00 2,~~714~~680,~~682~~752.1781 B-2 0.00 0.00 10,~~429~~186.4785 0.00 2,~~068~~042,~~400~~549.9814 B-3 0.00 0.00 7,~~169~~003.8203 0.00 1,~~421~~404,~~939~~167.0903 B-4 0.00 0.00 2,~~607~~546.2964 0.00 ~~517~~510,~~085~~622.1942 B-5 0.00 0.00 2,~~607~~546.2964 0.00 ~~517~~510,~~085~~622.1942 B-6 0.00 0.00 2,~~607~~546.6094 0.00 ~~517~~510,~~145~~682.8330 Totals 0.00 0.00 ~~361~~344,~~435~~473.1844 0.00 (4) Amount Does Not Include Excess Special Hazard, 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.~~62980~~63238% ~~157~~149.~~25194094~~35544404 0.~~73774756~~70102254 0.00000000 0.00000000 X 0.00 0.27760% ~~157~~149.~~25194094~~35544404 0.~~03637762~~03455089 0.00000000 0.00000000 R-1 50.00 5.~~93841~~93840% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 5.~~93841~~93840% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,507,100.00 5.~~90740~~90998% ~~616~~602.~~92733465~~31238934 32.~~03703046~~96637971 0.00000000 0.00000000 B-2 3,434,100.00 5.~~90740~~90998% ~~616~~602.~~92733467~~31239044 32.~~03703154~~96638129 0.00000000 0.00000000 B-3 2,360,800.00 5.~~90740~~90998% ~~616~~602.~~92733395~~31238987 32.~~03702982~~96638004 0.00000000 0.00000000 B-4 858,500.00 5.~~90740~~90998% ~~616~~602.~~92733838~~31239371 32.~~03702970~~96638323 0.00000000 0.00000000 B-5 858,500.00 5.~~90740~~90998% ~~616~~602.~~92733838~~31239371 32.~~03702970~~96638323 0.00000000 0.00000000 B-6 858,600.73 5.~~90740~~90998% ~~616~~602.~~92729984~~31235769 32.~~03703445~~96638462 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 0.~~73774754~~70102252 0.00000000 ~~149~~145.~~35544404~~39530045 X 0.00000000 0.00000000 0.~~03637762~~03455089 0.00000000 ~~149~~145.~~35544404~~39530045 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 32.~~03703046~~96637971 0.00000000 ~~602~~594.~~31238934~~78440904 B-2 0.00000000 0.00000000 32.~~03703154~~96638129 0.00000000 ~~602~~594.~~31239044~~78440931 B-3 0.00000000 0.00000000 32.~~03702982~~96638004 0.00000000 ~~602~~594.~~31238987~~78440783 B-4 0.00000000 0.00000000 32.~~03702970~~96638323 0.00000000 ~~602~~594.~~31239371~~78441468 B-5 0.00000000 0.00000000 32.~~03702970~~96638323 0.00000000 ~~602~~594.~~31239371~~78441468 B-6 0.00000000 0.00000000 32.~~03703445~~96638462 0.00000000 ~~602~~594.~~31235769~~78437667 (6) Amount Does Not Include Excess Special Hazard, 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 32,~~854~~111,~~229~~166.5683 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 81,~~235~~957.9803 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 32,~~862~~113,~~465~~123.5486 Withdrawals Reimbursement for Servicer Advances 98,~~633~~235.8698 Payment of Service Fee 1514,~~295~~571.8768 Payment of Interest and Principal 32,~~837~~090,~~535~~316.8120 Total Withdrawals (Pool Distribution Amount) 32,~~862~~113,~~465~~123.5486 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 1514,~~295~~571.8768 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 1514,~~295~~571.8768

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 31 0 0 0 3 1 391,~~686,842~~405.3863 0.00 0.00 0.00 1391,~~686,842~~405.3863 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 31 0 0 0 3 1 391,~~686,842~~405.3863 0.00 0.00 0.00 1391,~~686,842~~405.3863 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 20.~~013423~~689655% 0.000000% 0.000000% 0.000000% 20.~~013423~~689655% 20.~~411615~~573902% 0.000000% 0.000000% 0.000000% 20.~~411615~~573902% 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 20.~~013423~~689655% 0.000000% 0.000000% 0.000000% 20.~~013423~~689655% 20.~~411615~~573902% 0.000000% 0.000000% 0.000000% 20.~~411615~~573902%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 81,~~235~~957.9803

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.~~157401~~159983% Weighted Average Net Coupon 5.~~907400~~909983% Weighted Average Pass-Through Rate 5.~~907401~~909983% Weighted Average Maturity(Stepdown Calculation ) ~~330~~329 Beginning Scheduled Collateral Loan Count ~~155~~149 Number Of Loans Paid In Full 64 Ending Scheduled Collateral Loan Count ~~149~~145 Beginning Scheduled Collateral Balance 7369,~~420~~944,~~147~~047.7713 Ending Scheduled Collateral Balance 6968,~~944~~198,~~047~~204.1338 Ending Actual Collateral Balance at 3031-~~Jun~~Jul-2004 6968,~~946~~200,~~577~~748.9513 Monthly P &I Constant ~~379~~361,~~261~~588.8988 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 6968,~~944~~198,~~047~~204.1338 Scheduled Principal 2,~~530~~543.8477 Unscheduled Principal 31,~~473~~743,~~569~~298.8098

Miscellaneous Reporting Average Loss Severity 0 Senior Percentage 8988.~~179341~~910653% Senior Prepayment Percentage 94.~~589670~~455326% Subordinate Percentage 1011.~~820659~~089347% Subordinate Prepayment Percentage 0.000000%

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