SEC Form 4 · accession 0001209191-16-087962
POST PROPERTIES INC · PPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter M Deriso Jr.
Director
Period of report
Dec 31, 2015
Accepted (ET)
Jan 4, 2016 · 6:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000903127
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 31, 2015 | A | 1,141 | $0.00 | A | 31,343 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3 | — | Dec 31, 2015 | A | 265 | A | — | — | Common Stock | 265 | 9,406 | D |
Explanation of responses
- F1Restricted stock awarded under the company's Amended and Restated Post Properties, Inc. 2003 Incentive Stock Plan. Restricted stock vests one-third each year over a three year period beginning on 12/31/2016.
- F2The balance includes 2,405 restricted shares that have not vested.
- F3To update the balance of phantom stock units held in the Post Properties, Inc. Amended and Restated Deferred Compensation Plan to include 265 shares credited to reporting person's account for dividend reinvestments since the last filed Form 4 reporting phantom units received in connection with the plan.