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Elme Communities — Director's Dealing 2011
Feb 23, 2011
31927_dirs_2011-02-22_d58398ab-0b1e-4d06-bbf8-95a1fdbcee87.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2011-02-17
Reporting Person: FRANKLIN LAURA M (E.V.P. Accounting)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-17 | Common Stock | A | 1650 | — | Acquired | 76036.2366 | Direct |
| 2011-02-17 | Common Stock | F | 39 | $30.91 | Disposed | 75997.2366 | Direct |
| 2011-02-17 | Common Stock | A | 100 | — | Acquired | 76097.2366 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-17 | Restricted Stock Unit | $ | A | 11500 | Acquired | Common Stock (11500) | Direct | |
| 2011-02-17 | Restricted Stock Unit | $ | A | 15700 | Acquired | Common Stock (15700) | Direct |
Footnotes
F1: Restricted Share Award that vests ratably over 3 years on 1/1/12, 1/1/13 and 1/1/14.
F2: These are additional shares issued with respect to Performance Share Units awarded pursuant to the Washington Real Estate Investment Trust 2007 Omnibus Long-Term Incentive Plan for the 2008-2010 performance period based on final results (and related withholding to cover required tax.)
F3: Performance Stock Units were converted into Restricted Stock Units on February 17, 2011. 100% of the RSU award will vest on December 31, 2012.
F4: Performance Stock Units were converted into Restricted Stock Units on February 17, 2011. 100% of the RSU award will vest on December 31, 2011.