LEBLANC STEVEN R 4
4 · SUMMIT PROPERTIES INC · Filed Dec 29, 2004
Insider Transaction Report
Form 4
LEBLANC STEVEN R
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2004-12-27$32.45/sh−6,432$208,718→ 284,871 total - Exercise/Conversion
Common Stock
2004-12-27$24.56/sh+8,498$208,732→ 291,303 total - Exercise/Conversion
Employee Stock Option (right to buy)
2004-12-27$24.56/sh−8,498$208,732→ 4,071 totalExercise: $24.56Exp: 2011-01-09→ Common Stock (8,498 underlying)
Footnotes (1)
- [F1]On December 17, 2004, the Company's Board of Directors accelerated the vesting of certain stock options held by the Reporting Person. Prior to acceleration by the Board of Directors, the option vested in five equal installments on January 9, 2001, 2002, 2003, 2004 and 2005.