BOWES JAMES J 4

4 · LIBERTY PROPERTY TRUST · Filed Mar 2, 2011

Form 4

Period: 2011-02-28

Secretary & Gen. Counsel

Transactions

Award
Employee Stock Option (Right to Buy)
2011-02-28+25,682→ 25,682 total
Exercise: $33.77Exp: 2021-02-28→ Common Shares (25,682 underlying)
Award
Common Shares of Beneficial Interest ($0.001 par value)
2011-02-28+18,985→ 70,642 total
Tax Payment
Common Shares of Beneficial Interest ($0.001 par value)
2011-02-28$33.77/sh−5,650$190,801→ 64,992 total

Footnotes (4)

[F1]Consists of 11,748, 2,574 and 1,601 common shares issuable pursuant to restricted share units granted in 2008, 2009 and 2010, respectively, as compensation, the performance conditions relating to which have been satisfied, as well as 3,062 shares that accrued under the Company's Dividend Reinvestment Plan with respect to those restricted share units as to which the performance conditions have been satisfied.
[F2]Received as employment compensation.
[F3]Includes 40 shares held by reporting person as custodial for reporting person's child. The reporting person disclaims beneficial ownership of these shares. Also includes 9,929 shares subject to restrictions that were granted to the reporting person as compensation.
[F4]Options granted are exercisable 20% after the first anniversary of the date of grant, 50% after the second anniversary and fully after the third anniversary.

Documents

2 files