Developers Diversified Files Corrections to Form 4s
September 24 2009 - 4:41PM
Marketwired
Developers Diversified Realty (NYSE: DDR) today announced that it
has filed five amended Form 4s on behalf of Scott Wolstein, Daniel
Hurwitz, David Oakes, Richard Brown and Robin Walker-Gibbons. The
Form 4s filed on September 22 incorrectly reported the number of
securities transferred back to the Company to satisfy tax
withholding obligations arising from the vesting of shares. The
corrected amounts are listed below.
Previously disclosed Actual shares Actual shares
shares disposed disposed retained
Scott Wolstein 103,611 73,352 103,611
Daniel Hurwitz 22,532 5,132 22,532
David Oakes 81,689 4,117 81,689
Richard Brown 1,963 705 1,963
Robin Walker-Gibbons 2,296 197 2,296
----------- ----------- -----------
Total 212,091 83,503 212,091
No executive received any cash as a result of these exempt
dispositions back to the Company.
Developers Diversified as of June 30, 2009 owned and managed
approximately 690 retail operating and development properties in 45
states, plus Puerto Rico, Brazil and Canada totaling approximately
151 million square feet. The Company is a self-administered and
self-managed real estate investment trust (REIT) operating as a
fully integrated real estate company which acquires, develops and
leases shopping centers. Additional information about Developers
Diversified is available on the Internet at http://www.ddr.com.
Contact: Kate Deck Investor Relations Director Developers
Diversified Realty Main: (216) 755-5500 E-mail: Email Contact
Developers Realty (NYSE:DDR)
Historical Stock Chart
From May 2024 to Jun 2024
Developers Realty (NYSE:DDR)
Historical Stock Chart
From Jun 2023 to Jun 2024