SEC Form 4 · accession 0001246360-16-005159
STRATUS PROPERTIES INC · STRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Erin D Pickens
Officer — Senior VP & CFO
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 2016 · 5:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000885508
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 14, 2016 | A | 2,000 | $0.00 | A | 34,179 | D | |
| Common StockF2 | Mar 15, 2016 | F | 1,769 | $22.98 | D | 32,410 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of time-vested Common Stock Restricted Stock Units.
- F2Amount beneficially owned following the reported transactions includes 12,500 time-vested Common Stock Restricted Stock Units.
- F3Shares withheld to cover the taxes due upon the vesting of time-vested Common Stock Restricted Stock Units.
Remarks
In addition to the grant of time-vested restricted stock units reported herein, on March 14, 2016, the Reporting Person also received a grant of 3,000 performance-vested restricted stock units that will be earned following a three - year performance period based on the achievement of certain financial targets as of the end of the performance period.