SEC Form 4 · accession 0001209191-16-098018
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
Feb 11, 2016
Accepted (ET)
Feb 12, 2016 · 4:04 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 | Feb 11, 2016 | M | 2,500 | $45.70 | A | 34,579 | D | |
| Common StockF3,F2 | Feb 11, 2016 | S | 2,500 | $53.6736 | D | 32,079 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | $45.70 | Feb 11, 2016 | M | 2,500 | D | Dec 31, 2009 | Dec 31, 2016 | Common Stock | 2,500 | 0 | D |
| Phantom StockF4 | — | Feb 11, 2016 | A | 75 | A | — | — | Common Stock | 75 | 9,481 | D |
Explanation of responses
- F1Balance includes 736 shares purchased through the Issuer's Employee Stock Purchase Plan (the "Plan") during the July 1, 2015 through December 31, 2015 purchase period.
- F2The balance includes 2,405 restricted shares that have not vested.
- F3The price shown is the weighted average price at which shares were sold in multiple sales transactions made pursuant to a single market order. The range of prices for the transactions made was $53.66 to $53.70. Upon request by SEC staff, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F4To update the balance of phantom stock units held in the Post Properties, Inc. Amended and Restated Deferred Compensation Plan to include 75 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.