X0202 4 2005-02-01 0001003201 MUNICIPAL MORTGAGE & EQUITY LLC MMA 0001201765 HARRISON WILLIAM S 10 CHILHOWIE COURT COCKEYSVILLE MD 21030 0 1 0 0 Chief Financial Officer Common Shares 2005-02-01 4 A 0 446 27.36 A 9383 D Common Shares 2005-02-01 4 A 0 851 27.36 A 10234 D Common Shares 2005-02-01 4 A 0 641 27.36 A 10875 D Shares issued in accordance with agreement dated February 1, 2002, whereby 1,782 shares were awarded and vest over four years, beginning February 1, 2002 through February 1, 2005. Shares issued in accordance with agreement dated March 27, 2003, whereby 3,403 shares were awarded and vest over four years, beginning March 27, 2003 through February 1, 2006. Shares issued in accordance with agreement dated February 19, 2004, whereby 2,564 shares were awarded and vest over four years, beginning February 19, 2004 through February 1, 2007. Janet E. McHugh 2005-02-03