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LXP Industrial Trust — Director's Dealing 2011
Mar 8, 2011
31463_dirs_2011-03-08_dca0692f-ae82-46a6-82a3-ef6eaf714222.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LEXINGTON REALTY TRUST (LXP)
CIK: 0000910108
Period of Report: 2011-03-04
Reporting Person: CARROLL PATRICK (EVP, CFO, and Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-04 | Common Shares | M | 78980 | $4.97 | Acquired | 267211 | Direct |
| 2011-03-04 | Common Shares | F | 41669 | $9.42 | Disposed | 225542 | Direct |
| 2011-03-04 | Common Shares | F | 13513 | $9.42 | Disposed | 212029 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-03-04 | 2008 Non-qualified Share Option | $4.97 | M | 78980 | Acquired | 2018-12-31 | Common Shares (78980) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 210361 | Indirect |
Footnotes
F1: Payment of option exercise price by witholding securities incident to exercise of options issued in accordance with Rule 16b-3.
F2: Payment of tax liability by witholding securities incident to exercise of options issued in accordance with Rule 16b-3.
F3: Reporting person disclaims ownership of the reported securities except to the extent of his pecuniary interest therein.
F4: 50% vested upon the 20-day trading average closing price exceeding $8.00 per share and the remaining 50% vest upon the 20-day trading average closing price exceeding $10.00 per share.