X0202 4/A 2006-01-01 2006-01-04 0 0001045609 AMB PROPERTY CORP AMB 0001213057 JAQUIER GUY F C/O AMB PROPERTY CORPORATION PIER 1, BAY 1 SAN FRANCISCO CA 94111 0 1 0 0 Executive VP Common Stock 2006-01-01 4 D 0 9134 D 46442 I Family Trust Stock Units 2006-01-01 4 A 0 9134 A 46442 I Rabbi Trust Common Stock 2006-01-01 4 F 0 240 49.75 D 46202 I Family Trust Upon vesting of the 9,134 shares of restricted stock on 1/1/06, the reporting person deferred these shares into the Amended and Restated AMB Nonqualified Deferred Compensation Plan (the "Plan"). The deferral of these shares was credited to the reporting person's account in the form of an equivalent number of stock units, each of which represents the reporting person's right to receive a share of AMB common stock upon distribution of his account. Distribution will occur upon retirement, death, other termination of employment or disability, upon AMB's change of control or on such other date as the reporting person elects. Not applicable. Reporting person transferred all unexercised and unvested stock options and unvested restricted stock to a family trust effective September 6, 2005. The stock units are held indirectly through a rabbi trust pursuant to the Plan. Shares withheld upon release of restricted stock to cover taxes owing. Due to an error in the calculation of the number of shares required to cover the taxes due, this item is amended to reflect the correct number of shares that should have been withheld. Of the 46,202 securities beneficially owned, 1,000 shares are indirectly held (I) in custodial accounts for reporting person's children, 22,083 shares are indirectly held (I) as a co-trustee for the Jaquier Family Trust, and 23,119 securities are held indirectly (I) through a rabbi trust pursuant to the Amended and Restated AMB Nonqualified Deferred Compensation Plan. /s/ Tamra Browne pursuant to a power of attorney dated 01/15/2003 2006-01-19