SEC Form 4 · accession 0001127602-15-034712

VIVMARK RESIDENTIAL · VMRK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director · Other

Period of report

Dec 18, 2015

Accepted (ET)

Dec 21, 2015 · 4:32 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000906107

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Shares Of Beneficial Interest^F1	Dec 18, 2015	M	88,250	$53.50	A	113,265	I	Family Trust
Common Shares Of Beneficial Interest^F1	Dec 18, 2015	S	88,250	$79.91	D	25,015	I	Family Trust
Common Shares Of Beneficial Interest	holding	—	—		—	273,707	D
Common Shares Of Beneficial Interest^F2	holding	—	—		—	27,500	I	Family Trust
Common Shares Of Beneficial Interest^F3	holding	—	—		—	57,187	I	Spouse

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-qualified Stock Option (Right to Buy)^F5,F4	$53.50	Dec 18, 2015	M	88,250	D	—	Feb 8, 2017	Common Shares Of Beneficial Interest	88,250	0	I

F1Represents shares held by the Spector Family Dynasty Trust (the "SFDT"). Mr. Spector is the sole trustee of the SFDT and, as such, may be deemed the beneficial owner of the shares reported herein.
F2Represents shares beneficially owned by the Concord Lane Trust. Mr. Spector disclaims beneficial ownership of said shares except to the extent of his pecuniary interest therein.
F3Represents shares beneficially owned by Mr. Spector's spouse. Mr. Spector disclaims beneficial ownership of said shares except to the extent of his pecuniary interest therein.
F4Represents share options originally scheduled to vest in approximately three equal installments on February 8, 2008, February 8, 2009 and February 8, 2010. The vesting date of the share options originally scheduled to vest on February 8, 2009 and February 8, 2010 was accelerated to November 3, 2008 due to the retirement of the reporting person as an executive officer of the Company.
F5The share option grant reported on this line is held by the Spector Family Dynasty Trust (the "SFDT"). Mr. Spector is the sole trustee of the SFDT and, as such, may be deemed the beneficial owner of the share option grant.