4//SEC Filing
AMERICAN FINANCIAL REALTY TRUST 4
Accession 0001209191-06-037449
CIK 0001193558operating
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 4:31 PM ET
Size
11.1 KB
Accession
0001209191-06-037449
Insider Transaction Report
Form 4
HUFFMAN SONYA A
Senior VP - Operations
Transactions
- Sale
Common Shares
2006-06-20$10.05/sh−208$2,090→ 120,688 total - Sale
Common Shares
2006-06-20$10.04/sh−7,900$79,316→ 112,788 total
Holdings
- 500
Partnership Units
→ Common Shares (500 underlying) - 125,000
Stock Option (right to buy)
Exercise: $10.00Exp: 2012-09-10→ Common Shares (125,000 underlying)
Footnotes (4)
- [F1]Shares sold pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on August 30, 2005 principally for the purpose of applying the proceeds from sales under such plan to the taxes that become payable at periodic vesting of the Reporting Person's restricted share awards.
- [F2]This amount includes: (i) 22,832 restricted common shares issued on March 1, 2006 pursuant to the Issuer's 2002 Equity Incentive Plan (Plan), which shares vest 25% on January 1, 2007 and in equal installments of 6.25% at the end of each quarter thereafter; (ii) 16,092 and 30,000 restricted common shares issued on January 4, 2005 and January 2, 2004, respectively, pursuant to the Issuer's Plan, which shares vest 25% on the first anniversary of the date of issuance and in equal installments of 6.25% at the end of each quarter thereafter; and (iii) 72,000 restricted common shares issued on July 1, 2003 pursuant to the Issuer's Plan, which shares vest 33.33% on the first anniversary of the date of issuance and in equal installments of 8.33% at the end of each quarter thereafter. The Reporting Person has sold a portion of the vested shares as reported in this Form 4.
- [F3]This option was granted on September 10, 2002 under the Issuer's 2002 Equity Incentive Plan. The option will vest and become exercisable at a rate of 25% on the first anniversary of the date of grant and in equal installments of 6.25% at the end of each quarter thereafter.
- [F4]Pursuant to Section 8.04 of the Amended and Restated Agreement of Limited Partnership of First States Group, L.P., the issuer's operating partnership, units of the operating partnership may be converted into common shares on a one-for-one basis, subject to adjustments for stock splits, dividends, recapitalizations and similar events or, at the issuer's option, redeemed for a cash amount equal to the value of common shares for which the units would otherwise be converted.
Documents
Issuer
AMERICAN FINANCIAL REALTY TRUST
CIK 0001193558
Entity typeoperating
Related Parties
1- filerCIK 0001193558
Filing Metadata
- Form type
- 4
- Filed
- Jun 19, 8:00 PM ET
- Accepted
- Jun 20, 4:31 PM ET
- Size
- 11.1 KB