X0202 4/A 2004-12-03 2004-12-06 0 0000915773 SUMMIT PROPERTIES INC SMT 0001215400 ELL RANDALL M 6035 WOODLEIGH OAKS DRIVE CHARLOTTE NC 28226 0 1 0 0 Executive Vice President Common Stock 2004-12-03 4 S 0 15500 32.0075 D 31871 D This Form 4 is being filed to correct a typographical error in the price. Includes 10,400 shares of Common Stock that the Reporting Person has the opportunity to receive subsequent to December 6, 2004 pursuant to a stock award agreement with the Issuer. Subject to the Reporting Person's continued employment with the Issuer, the number of shares that the Reporting Person will be entitled to receive is based on the following schedule: 3,200 shares on each March 1, 2005 and 2006; and the final 4,000 shares on March 1, 2007 (subject to acceleration under certain circumstances). /s/Randall M. Ell 2004-12-07