ARCHSTONE SMITH TRUST 4
4 · ARCHSTONE SMITH TRUST · Filed Jan 4, 2006
Insider Transaction Report
Form 4
FREEMAN J LINDSAY
Chief Operating Officer
Transactions
- Award
Dividend Equivalent Units
2006-01-01$41.89/sh−7,522$315,097→ 46,614 totalExercise: $41.89→ Common Shares (7,522 underlying)
Holdings
- 126,259
Common Shares of Beneficial Interest
- 1,835(indirect: By 401(k))
Common Shares of Beneficial Interest
Footnotes (2)
- [F1]Total includes 99,647 Restricted Stock Units awarded under Issuer's Long-Term Incentive Plan
- [F2]Dividend Equivalent Units accrue on certain option and Restricted Stock Unit grants and vest at the same rate as the underlying grant. Upon settlement DEUs convert to shares of ASN common stock on a 1 to 1 basis and are valued at that time. DEUs have no expiration date.