8-K 1 bst02004_nov.txt NOVEMBER 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): November 26, 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 November 26, 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 November 26, 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: 12/2/2004 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 November 26, 2004 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 810/31/042004 Distribution Date: 911/2726/042004 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.~~63331~~63269% 6054,~~538~~008,~~808~~355.2923 ~~284~~253,~~194~~510.8951 4579,~~019,762~~600.7078 X 07384MKP6 SEN 0.27760% 0.00 1412,~~004~~493.6493 0.00 R-1 07384MKM3 SEN 5.~~93837~~93835% 0.00 0.00 0.00 R-2 07384MKN1 SEN 5.~~93837~~93835% 0.00 0.00 0.00 B-1 07384MKQ4 SUB 5.~~91091~~91029% 2,~~680~~542,~~752~~806.8161 1312,~~204~~523.7495 8312,~~758~~841.7040 B-2 07384MKR2 SUB 5.~~91091~~91029% 21,~~042~~937,~~549~~443.1463 109,~~061~~542.1039 639,~~818~~784.3626 B-3 07384MKS0 SUB 5.~~91091~~91029% 1,~~404~~331,~~167~~911.0339 6,~~916~~559.5999 436,~~872~~726.4527 B-4 07384MKT8 SUB 5.~~91091~~91029% ~~510~~484,~~622~~346.4280 2,~~515~~385.2053 152,~~954~~445.1399 B-5 07384MKV3 SUB 5.~~91091~~91029% ~~510~~484,~~622~~346.4280 2,~~515~~385.2053 152,~~954~~445.1399 B-6 07384MKX9 SUB 5.~~91091~~91029% ~~510~~484,~~682~~403.3060 2,~~515~~385.5081 152,~~956~~446.0028 Totals 6861,~~198~~273,~~204~~614.4106 ~~335~~301,~~927~~787.8664 4616,~~259,076~~290.4797

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A 0.00 5653,~~519~~428,~~045~~754.5945 4833,~~303,957~~111.5929 0.00 X 0.00 0.00 1412,~~004~~493.6493 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,~~596~~529,~~994~~965.1221 9625,~~963~~365.4435 0.00 B-2 0.00 1,~~978~~927,~~730~~659.7837 7319,~~879~~326.4665 0.00 B-3 0.00 1,~~360~~325,~~294~~185.5812 5013,~~789~~286.0426 0.00 B-4 0.00 ~~494~~481,~~668~~900.2981 184,~~469~~831.3352 0.00 B-5 0.00 ~~494~~481,~~668~~900.2981 184,~~469~~831.3352 0.00 B-6 0.00 ~~494~~481,~~726~~957.3032 184,~~471~~832.5009 0.00 Totals 0.00 6360,~~939~~657,~~127~~323.9509 4918,~~595,004~~078.3361 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 6054,~~538~~008,~~808~~355.2923 2,~~269~~276.6394 4577,~~017,493~~323.0783 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,~~680~~542,~~752~~806.8161 ~~100~~107.5020 8312,~~658~~734.19 0.00 0.00 B-2 3,434,100.00 21,~~042~~937,~~549~~443.1463 7681.5868 639,~~741~~702.7958 0.00 0.00 B-3 2,360,800.00 1,~~404~~331,~~167~~911.0339 5256.6415 436,~~819~~670.8112 0.00 0.00 B-4 858,500.00 ~~510~~484,~~622~~346.4280 1920.1442 152,~~934~~425.9857 0.00 0.00 B-5 858,500.00 ~~510~~484,~~622~~346.4280 1920.1442 152,~~934~~425.9857 0.00 0.00 B-6 858,600.73 ~~510~~484,~~682~~403.3060 1920.1542 152,~~936~~425.8586 0.00 0.00 Totals 429,251,600.73 6861,~~198~~273,~~204~~614.4106 2,~~556~~583.7823 4613,~~256,519~~707.6772 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 4579,~~019,762~~600.7078 5653,~~519~~428,~~045~~754.5945 0.~~13574109~~12831917 4579,~~019,762~~600.7078 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 8312,~~758~~841.7040 2,~~596~~529,~~994~~965.1221 0.~~57620069~~56132884 8312,~~758~~841.7040 B-2 639,~~818~~784.3626 1,~~978~~927,~~730~~659.7837 0.~~57620069~~56132884 639,~~818~~784.3626 B-3 436,~~872~~726.4527 1,~~360~~325,~~294~~185.5812 0.~~57620069~~56132884 436,~~872~~726.4527 B-4 152,~~954~~445.1399 ~~494~~481,~~668~~900.2981 0.~~57620069~~56132884 152,~~954~~445.1399 B-5 152,~~954~~445.1399 ~~494~~481,~~668~~900.2981 0.~~57620069~~56132884 152,~~954~~445.1399 B-6 152,~~956~~446.0028 ~~494~~481,~~726~~957.3032 0.~~57620065~~56132880 152,~~956~~446.0028 Totals 4616,~~259,076~~290.4797 6360,~~939~~657,~~127~~323.9509 0.~~14895490~~14130949 4616,~~259,076~~290.4797

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 416,373,900.00 ~~145~~129.~~39530045~~71119282 0.~~00545094~~00546850 91.~~64876297~~38655144 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 ~~594~~564.~~78440904~~17798806 0.~~02229815~~02378470 182.~~56142309~~82536221 0.00000000 B-2 3,434,100.00 ~~594~~564.~~78440931~~17798841 0.~~02229987~~02378498 182.~~56142512~~82536327 0.00000000 B-3 2,360,800.00 ~~594~~564.~~78440783~~17798628 0.~~02229753~~02378431 182.~~56142409~~82536428 0.00000000 B-4 858,500.00 ~~594~~564.~~78441468~~17798486 0.~~02229470~~02378567 182.~~56142108~~82535818 0.00000000 B-5 858,500.00 ~~594~~564.~~78441468~~17798486 0.~~02229470~~02378567 182.~~56142108~~82535818 0.00000000 B-6 858,600.73 ~~594~~564.~~78437667~~17795033 0.~~02230373~~02378288 182.~~56142144~~82536447 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 91.~~65421392~~39201996 ~~135~~128.~~74108653~~31917286 0.~~13574109~~12831917 91.~~65421392~~39201996 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 182.~~58372346~~84914912 ~~576~~561.~~20068780~~32883894 0.~~57620069~~56132884 182.~~58372346~~84914912 B-2 0.00000000 182.~~58372208~~84914825 ~~576~~561.~~20068723~~32884016 0.~~57620069~~56132884 182.~~58372208~~84914825 B-3 0.00000000 182.~~58372162~~84914859 ~~576~~561.~~20068621~~32883768 0.~~57620069~~56132884 182.~~58372162~~84914859 B-4 0.00000000 182.~~58372743~~84914386 ~~576~~561.~~20068725~~32884100 0.~~57620069~~56132884 182.~~58372743~~84914386 B-5 0.00000000 182.~~58372743~~84914386 ~~576~~561.~~20068725~~32884100 0.~~57620069~~56132884 182.~~58372743~~84914386 B-6 0.00000000 182.~~58372517~~84914736 ~~576~~561.~~20065149~~32880297 0.~~57620065~~56132880 182.~~58372517~~84914736 (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.~~63331~~63269% 6054,~~538~~008,~~808~~355.2923 ~~284~~253,~~194~~510.8951 0.00 0.00 X 0.00 0.27760% 6054,~~538~~008,~~808~~355.2923 1412,~~004~~493.6493 0.00 0.00 R-1 50.00 5.~~93837~~93835% 0.00 0.00 0.00 0.00 R-2 50.00 5.~~93837~~93835% 0.00 0.00 0.00 0.00 B-1 4,507,100.00 5.~~91091~~91029% 2,~~680~~542,~~752~~806.8161 1312,~~204~~523.7495 0.00 0.00 B-2 3,434,100.00 5.~~91091~~91029% 21,~~042~~937,~~549~~443.1463 109,~~061~~542.1039 0.00 0.00 B-3 2,360,800.00 5.~~91091~~91029% 1,~~404~~331,~~167~~911.0339 6,~~916~~559.5999 0.00 0.00 B-4 858,500.00 5.~~91091~~91029% ~~510~~484,~~622~~346.4280 2,~~515~~385.2053 0.00 0.00 B-5 858,500.00 5.~~91091~~91029% ~~510~~484,~~622~~346.4280 2,~~515~~385.2053 0.00 0.00 B-6 858,600.73 5.~~91091~~91029% ~~510~~484,~~682~~403.3060 2,~~515~~385.5081 0.00 0.00 Totals 429,251,600.73 ~~335~~301,~~927~~787.8664 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 ~~284~~253,~~194~~510.8951 0.00 5653,~~519~~428,~~045~~754.5945 X 0.00 0.00 1412,~~004~~493.6493 0.00 5653,~~519~~428,~~045~~754.5945 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 1312,~~204~~523.7495 0.00 2,~~596~~529,~~994~~965.1221 B-2 0.00 0.00 109,~~061~~542.1039 0.00 1,~~978~~927,~~730~~659.7837 B-3 0.00 0.00 6,~~916~~559.5999 0.00 1,~~360~~325,~~294~~185.5812 B-4 0.00 0.00 2,~~515~~385.2053 0.00 ~~494~~481,~~668~~900.2981 B-5 0.00 0.00 2,~~515~~385.2053 0.00 ~~494~~481,~~668~~900.2981 B-6 0.00 0.00 2,~~515~~385.5081 0.00 ~~494~~481,~~726~~957.3032 Totals 0.00 0.00 ~~335~~301,~~927~~787.8664 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.~~63331~~63269% ~~145~~129.~~39530045~~71119282 0.~~68254732~~60885303 0.00000000 0.00000000 X 0.00 0.27760% ~~145~~129.~~39530045~~71119282 0.~~03363477~~03000652 0.00000000 0.00000000 R-1 50.00 5.~~93837~~93835% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 5.~~93837~~93835% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,507,100.00 5.~~91091~~91029% ~~594~~564.~~78440904~~17798806 2.~~92976415~~77871580 0.00000000 0.00000000 B-2 3,434,100.00 5.~~91091~~91029% ~~594~~564.~~78440931~~17798841 2.~~92976326~~77871640 0.00000000 0.00000000 B-3 2,360,800.00 5.~~91091~~91029% ~~594~~564.~~78440783~~17798628 2.~~92976533~~77871484 0.00000000 0.00000000 B-4 858,500.00 5.~~91091~~91029% ~~594~~564.~~78441468~~17798486 2.~~92976121~~77871870 0.00000000 0.00000000 B-5 858,500.00 5.~~91091~~91029% ~~594~~564.~~78441468~~17798486 2.~~92976121~~77871870 0.00000000 0.00000000 B-6 858,600.73 5.~~91091~~91029% ~~594~~564.~~78437667~~17795033 2.~~92976690~~77871881 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.~~68254732~~60885303 0.00000000 ~~135~~128.~~74108653~~31917286 X 0.00000000 0.00000000 0.~~03363477~~03000652 0.00000000 ~~135~~128.~~74108653~~31917286 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 2.~~92976415~~77871580 0.00000000 ~~576~~561.~~20068780~~32883894 B-2 0.00000000 0.00000000 2.~~92976326~~77871640 0.00000000 ~~576~~561.~~20068723~~32884016 B-3 0.00000000 0.00000000 2.~~92976533~~77871484 0.00000000 ~~576~~561.~~20068621~~32883768 B-4 0.00000000 0.00000000 2.~~92976121~~77871870 0.00000000 ~~576~~561.~~20068725~~32884100 B-5 0.00000000 0.00000000 2.~~92976121~~77871870 0.00000000 ~~576~~561.~~20068725~~32884100 B-6 0.00000000 0.00000000 2.~~92976690~~77871881 0.00000000 ~~576~~561.~~20065149~~32880297 (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 4933,~~602,147~~356.2162 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 97,~~022~~896.1121 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 4941,~~611,169~~252.3283 Withdrawals Reimbursement for Servicer Advances 110,~~957~~408.0389 Payment of Service Fee 1412,~~207~~765.9634 Payment of Interest and Principal 4918,~~595,004~~078.3360 Total Withdrawals (Pool Distribution Amount) 4941,~~611,169~~252.3283 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 1412,~~207~~765.9634 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 1412,~~207~~765.9634

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 32 0 0 0 32 1,~~422~~449,~~861~~106.3439 0.00 0.00 0.00 1,~~422~~449,~~861~~106.3439 60 Days 10 0 0 0 10 ~~391,405~~0.6300 0.00 0.00 0.00 ~~391,405~~0.6300 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 42 0 0 0 42 1,~~814~~449,~~266~~106.9739 0.00 0.00 0.00 1,~~814~~449,~~266~~106.9739 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 21.~~189781~~538462% 0.000000% 0.000000% 0.000000% 21.~~189781~~538462% 2.~~225248~~388903% 0.000000% 0.000000% 0.000000% 2.~~225248~~388903% 60 Days 0.~~729927~~000000% 0.000000% 0.000000% 0.000000% 0.~~729927~~000000% 0.~~612129~~000000% 0.000000% 0.000000% 0.000000% 0.~~612129~~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 21.~~919708~~538462% 0.000000% 0.000000% 0.000000% 21.~~919708~~538462% 2.~~837377~~388903% 0.000000% 0.000000% 0.000000% 2.~~837377~~388903%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 97,~~022~~896.1121

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.~~160910~~160295% Weighted Average Net Coupon 5.~~910910~~910295% Weighted Average Pass-Through Rate 5.~~910910~~910295% Weighted Average Maturity (Stepdown Calculation ) ~~328~~326 Beginning Scheduled Collateral Loan Count ~~145~~131 Number Of Loans Paid In Full 81 Ending Scheduled Collateral Loan Count ~~137~~130 Beginning Scheduled Collateral Balance 6861,~~198~~273,~~204~~614.3804 Ending Scheduled Collateral Balance 6360,~~939~~657,~~127~~323.9207 Ending Actual Collateral Balance at 31-~~Aug~~Oct-2004 6360,~~941~~659,~~684~~906.9331 Monthly P &I Constant ~~352~~317,~~692~~136.6121 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 6360,~~939~~657,~~127~~323.9207 Scheduled Principal 2,~~556~~583.7824 Unscheduled Principal 4613,~~256,519~~707.6873

Miscellaneous Reporting Average Loss Severity 0 Senior Percentage 88.~~768918~~142924% Senior Prepayment Percentage 94.~~384459~~071462% Subordinate Percentage 11.~~231082~~857076% Subordinate Prepayment Percentage 50.~~615541~~000000%

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