SEC Form 4 · accession 0001140361-17-032858
PS BUSINESS PARKS INC/CA · PSB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer Holden Dunbar
Director
Period of report
Aug 18, 2017
Accepted (ET)
Aug 21, 2017 · 4:50 pm EDT
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 Stock | Aug 18, 2017 | M | 4,000 | $34.00 | A | 4,000 | D | |
| Common StockF1 | Aug 18, 2017 | S | 4,000 | $130.6924 | D | 0 | D | |
| Common StockF2 | holding | — | — | — | 2,925 | I | As Trustee | |
| Depositary Shares Representing Serites T Preferred StockF3 | holding | — | — | — | 400 | I | As Trustee | |
| Depositary Shares Representing Series R Preferred StockF4 | holding | — | — | — | 1,800 | I | As Trustee |
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)F5 | $34.00 | Aug 18, 2017 | M | 4,000 | D | Feb 23, 2010 | Feb 23, 2019 | Common Stock | 4,000 | 1,721 | D |
Explanation of responses
- F1Represents weighted average purchase price. These shares were sold at prices ranging from $130.06 to $131.045. 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.
- F2By reporting person and her husband as trustees of the Lilac II Trust.
- F3By reporting person as trustee of the Jean M. Holden Revocable Trust.
- F4By reporting person as trustee of Magnolia I Trust.
- F5Stock Option granted pursuant to the 2003 Stock Option and Incentive Plan. The option vested in five (5) equal annual installments beginning one (1) year from the date of grant.