SEC Form 4 · accession 0001140361-16-056574
PS BUSINESS PARKS INC/CA · PSB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Petersen
Officer — EXECUTIVE VICE PRESIDENT & COO
Period of report
Mar 3, 2016
Accepted (ET)
Mar 4, 2016 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000866368
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 3, 2016 | M | 3,500 | $50.63 | A | 18,998 | D | |
| Common StockF2,F1 | Mar 3, 2016 | S | 3,500 | $94.908 | D | 15,498 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $50.63 | Mar 3, 2016 | M | 3,500 | D | Mar 15, 2011 | Mar 15, 2020 | Common Stock | 3,500 | 31,500 | D |
Explanation of responses
- F1Includes 7,200 restricted stock units.
- F2Represents weighted average purchase price. These shares were sold at prices ranging between $94.71 and $95.07. Full information regarding the number of shares purchased at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer.
- F3Stock option granted pursuant to the 2003 Stock Option and Incentive Plan.