Filing Details
- Accession Number:
- 0001209191-10-014611
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-03-04 12:00:00
- Reporting Period:
- 2010-03-02
- Filing Date:
- 2010-03-04
- Accepted Time:
- 2010-03-04 17:58:31
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1289236 | Biomed Realty Trust Inc | BMR | Real Estate Investment Trusts (6798) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1316256 | Greg Lubushkin | 17190 Bernardo Center Drive San Diego CA 92128 | Vp, Chief Accounting Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2010-03-02 | 9,447 | $0.00 | 54,175 | No | 4 | C | Direct | |
Common Stock | Disposition | 2010-03-03 | 5,140 | $15.77 | 49,035 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | LTIP Units | Disposition | 2010-03-02 | 9,447 | $0.00 | 9,447 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
7,920 | No | 4 | C | Direct |
Footnotes
- The reporting person redeemed 9,447 LTIP Units of BioMed Realty, L.P. (the "Operating Partnership"), which BioMed Realty Trust, Inc. (the "Company") elected to redeem in shares of common stock of the Company. These LTIP Units achieved full parity with common units of the Operating Partnership, which may be redeemed for cash in an amount equal to the then fair value of an equal number of shares of common stock or converted into an equal number of shares of common stock, as determined by the Company.
- Profits interest units of the Operating Partnership.
- The LTIP units are subject to time-based restrictions. Upon the occurrence of certain "triggering events," the LTIP Units can over time achieve full parity with common units of the Operating Partnership for all purposes, and therefore accrete to an economic value equivalent to one share of common stock of the Company on a one-for-one basis. If such parity is reached, vested LTIP Units convert to common units of the Operating Partnership and then may be redeemed for cash in an amount equal to the then fair value of an equal number of shares of common stock or converted into an equal number of shares of common stock, as determined by the Company.
- The LTIP Units do not have an expiration date.
- These LTIP Units were granted on April 2, 2007 and January 20, 2008 pursuant to the 2004 Incentive Award Plan of the Company and the Operating Partnership.