4 2003-06-11 1 0001067462 INSIGNIA FINANCIAL GROUP INC /DE/ IFS 0001026285 FARKAS ANDREW L 1 1 0 0 Chair of the Board/CEO Common Stock 2003-06-11 5 G 0 E 46117 0 D 365962 D Common Stock 2003-07-23 4 J 0 365962 11.156 D 0 D Common Stock 2003-07-23 4 J 0 976141 11.156 D 0 I By Metro Shelter Directives, Inc. Common Stock 2003-07-23 4 J 0 245 11.156 D 0 I By FII, Inc. Warrants (Right to Buy) 8 2003-07-23 4 J 0 500000 8 D 1988-08-08 2010-01-14 Common Stock 0 0 D Stock Options (Right to Buy) 8 2003-07-23 4 J 0 500000 8 D 1988-08-08 2010-01-14 Common Stock 0 0 D Stock Options (Right to Buy) 12.625 2003-07-23 4 J 0 14000 12.625 D 1988-08-08 2004-03-31 Common Stock 0 0 D Stock Options (Right to Buy) 13.888 2003-07-23 4 J 0 36000 13.888 D 1988-08-08 2004-03-31 Common Stock 0 0 D Disposed of pursuant to the amended and restated merger agreement among issuer, CBRE Holding, Inc., CB Richard Ellis Services, Inc. and Apple Acquisition Corp. for consideration of $11.156 per share. Warrants disposed of pursuant to amended and restated merger agreement among issuer, CBRE Holding, Inc., CB Richard Ellis Services, Inc. and Apple Acquisition Corp. for an aggregate consideration equal to the excess of the merger consideration of $11.156 per share over the exercise price of the warrant, multiplied by the number of warrants owned by the reporting person. Options disposed of pursuant to amended and restated merger agreement among issuer, CBRE Holding, Inc., CB Richard Ellis Services, Inc. and Apple Acquisition Corp. for an aggregate consideration equal to the excess of the merger consideration of $11.156 per share over the exercise price of the option, multiplied by the number of options owned by the reporting person Option were out-of-the-money and cancelled pursuant to the amended and restated merger agreement among issuer,CBRE Holding, Inc. CB Richard Ellis Services, Inc. and Apple Acquisition Corp. The reporting person received no consideration for these options. /s/ Andrew L. Farkas 2003-07-24