CRT PROPERTIES INC 4

4 · CRT PROPERTIES INC · Filed Feb 18, 2005

Form 4

Period: 2005-02-16

Executive Vice President

Transactions

Award
Common Stock
2005-02-18$22.80/sh+3,450.438$78,670→ 39,543.777 total
Award
2002 Long Term Incentive Plan Units ('LTI Units')
2005-02-16$22.80/sh+16,288.459$371,377→ 216,288.459 total
Exercise: $22.80→ Common Stock (16,288.459 underlying)
Exercise/Conversion
2002 LTI Units
2005-02-18$22.80/sh−3,450.438$78,670→ 212,838.021 total
Exercise: $22.80→ Common Shares (3,450.438 underlying)
Exercise/Conversion
2002 LTI Units
2005-02-18$22.80/sh−1,979.048$45,122→ 210,858.973 total
Exercise: $22.80→ Common Shares (1,979.048 underlying)

Footnotes (5)

[F1]This entry reflects Mr. Brockwell's election to receive a portion of his vested 2002 Long Term Incentive Plan units in shares of Common Stock. See footnote (3) to Table II.
[F2]The aggregate reflects in part a correction to the share number listed on the Form 4 filed on 1/19/2004 due to an error in the stock price for that entry.
[F3]2002 Long Term Investment Plan units vested on 2/16/05. Each participant has the option to convert his shares into any combination of the following (i) receive a vested amount in cash, (ii) receive a vested amount in common shares, or (iii) have a vested amount credited to an unfunded deferred investment account established by the CRT Properties, Inc.
[F4]This entry reflects Mr. Brockwell's election to receive a portion of his vested 2002 Long Term Investment Plan units in shares of Common Stock.
[F5]This entry reflects Mr. Brockwell's election to receive a portion of his vested 2002 Long Term Investment Plan units in cash.

Documents

1 file