BOWES JAMES J 4

4 · LIBERTY PROPERTY TRUST · Filed Mar 20, 2012

Form 4

Period: 2012-03-16

Secretary & Gen. Counsel

Transactions

Award
Employee Stock Option (Right to Buy)
2012-03-16+25,051→ 25,051 total
Exercise: $34.56Exp: 2022-03-16→ Common Shares (25,051 underlying)
Tax Payment
Common Shares of Beneficial Interest ($0.001 par value)
2012-03-16$34.56/sh−8,521$294,486→ 83,464 total
Award
Common Shares of Beneficial Interest ($0.001 par value)
2012-03-16+26,993→ 91,985 total
Tax Payment
Common Shares of Beneficial Interest ($0.001 par value)
2012-03-19$34.50/sh−223$7,694→ 83,241 total

Footnotes (4)

[F1]Consists of 19,222, 2,348 and 2,320 common shares issuable pursuant to restricted share units granted in 2009, 2010 and 2011, respectively, as compensation, the performance conditions relating to which have been satisfied, as well as 3,103 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.
[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

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