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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(h) of the Investment Company Act of 1940
|X| Check this box if no longer subject to Section 16. Form 4 or Form 5
- obligations may continue. See Instruction 1(b)
(Print or Type Responses)
________________________________________________________________________________
1. Name and Address of Reporting Person*
Sands-Vankerk Linda J.
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(Last) (First) (Middle)
c/o Trizec Properties, Inc.
1114 Avenue of the Americas, 31st Floor
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(Street)
New York NY 10036
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(City) (State) (Zip)
________________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
Trizec Properties, Inc. (TRZ)
________________________________________________________________________________
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
________________________________________________________________________________
4. Statement for Month/Day/Year
10/18/2002
________________________________________________________________________________
5. If Amendment, Date of Original (Month/Day/Year)
________________________________________________________________________________
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|_| Director |_| 10% Owner
|X| Officer (give title below) |_| Other (specify below)
Senior Vice President, Human Resources
________________________________________________________________________________
7. Individual or Joint/Group Filing (Check Applicable Line)
|X| Form filed by One Reporting Person
|_| Form filed by More than One Reporting Person
________________________________________________________________________________
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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1. 2. 2A. 3. 4. 5. 6. 7.
Title of Security Trans- Deemed Transaction Securities Acquired (A) or Amount of Owner- Nature of
(Instr. 3) action Execution Code Disposed of (D) Securities ship Indirect
Date Date, if (Instr. 8) (Instr. 3, 4 and 5) Beneficially Form; Beneficial
(mm/dd/yy) any ----------- ------------------------------- Owned Direct Ownership
(mm/dd/yy) Code V (A) Following (D) or (Instr. 4)
or Reported Indirect
Amount (D) Price Transaction(s) (I)
(Instr. 3 & 4 (Instr. 4)
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Common Stock 10/18/02 J V 3,646 (1) (1) 3,646 D
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FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
Title of Conver- Trans- Trans- Number of Date Title and Amount Price Number Owner- Nature
Derivative sion action action Derivative Exercisable and of Underlying of of ship of
Security or Date Code Securities Expiration Date Securities Deriv- deriv- Form In-
(Instr. 3) Exer- (mm/dd/ (Instr. Acquired (A) (Month/Day/Year) (Instr. 3 and 4) ative ative of direct
cise yy) 8) or Disposed ---------------- ---------------- Secur- Secur- Deriv- Bene-
Price ------ of (D) Date Expira- Amount ity ities ative ficial
of Code V (Instr. 3, Exer- tion or (Instr. Bene- Secur- Owner-
Deriv- 4 and 5) cisable Date Number 5) ficially ity: ship
ative ---------- of Owned Direct (Instr.
Secur- (A) (D) Title Shares Follow- (D) or 4)
ity ing In-
Reported direct
Trans- (I)
action(s) (Instr.
(Instr. 4)
4)
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Employee
Stock
Option
(right to Common
buy) 16.34 10/18/02 J V (2) 10/18/02 12/31/05 Stock 15,000(2) 15,000 D
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Employee
Stock
Option
(right to Common
buy) 17.30 10/18/02 J V (2) 10/18/02 12/31/05 Stock 15,000(2) 15,000 D
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Employee
Stock
Option
(right to Common
buy) 18.26 10/18/02 J V (2) 10/18/02 12/31/05 Stock 15,000(2) 15,000 D
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Employee
Stock
Option
(right to Common
buy) 17.49 10/18/02 J V (2) 10/18/02 12/31/05 Stock 10,000(2) 10,000 D
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Employee
Stock
Option
(right to Common
buy) 18.45 10/18/02 J V (2) 10/18/02 12/31/05 Stock 10,000(2) 10,000 D
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Employee
Stock
Option
(right to Common
buy) 19.41 10/18/02 J V (2) 10/18/02 12/31/05 Stock 10,000(2) 10,000 D
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Employee
Stock
Option
(right to Common
buy) 20.57 10/18/02 J V (2) 10/18/02 12/31/05 Stock 5,000(2) 5,000 D
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Explanation of Responses:
1) These shares were previously reported as indirectly beneficially owned but
were released by escrow agent on October 18, 2002.
2) This option was previously reported; it was amended to (i) make it
exercisable in full as of October 18, 2002, and (ii) reduce the option
expiration date.
/s/ Linda Sands-Vankerk 10-18-02
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**Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
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