Filing Details

Accession Number:
0001209191-11-028734
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-16 18:51:35
Reporting Period:
2011-05-12
Filing Date:
2011-05-16
Accepted Time:
2011-05-16 18:51:35
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
Chief Financial 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 2011-05-12 2,640 $0.00 77,284 No 4 C Direct
Common Stock Disposition 2011-05-16 6,500 $19.30 70,784 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 Acquisiton 2011-05-12 2,640 $0.00 2,640 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,280 No 4 C Direct
Footnotes
  1. The reporting person redeemed 2,640 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.
  2. Reflects multiple sales transactions at share prices ranging from $19.30 to $19.36. Upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information shall be provided regarding the number of shares sold at each price.
  3. Profits interest units of the Operating Partnership.
  4. 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.
  5. The LTIP Units do not have an expiration date.
  6. These LTIP Units were granted on January 30, 2008 pursuant to the 2004 Incentive Award Plan of the Company and the Operating Partnership.