SEC Form 4 · accession 0001209191-16-120719
POST PROPERTIES INC · PPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher J Papa
Officer — EVP & Chief Financial Officer
Period of report
May 13, 2016
Accepted (ET)
May 17, 2016 · 4:00 pm EDT
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 | May 13, 2016 | M | 1,758 | $44.05 | A | 35,662 | D | |
| Common StockF2,F1 | May 13, 2016 | S | 1,758 | $60.5137 | D | 33,904 | D | |
| Common StockF1 | May 13, 2016 | M | 3,480 | $50.30 | A | 37,384 | D | |
| Common StockF1 | May 13, 2016 | S | 3,480 | $60.50 | D | 33,904 | D | |
| Common StockF1 | May 13, 2016 | M | 4,606 | $46.93 | A | 38,510 | D | |
| Common StockF1 | May 13, 2016 | S | 4,606 | $60.50 | D | 33,904 | D | |
| Common StockF3,F1 | May 13, 2016 | S | 16,806 | $60.6433 | D | 17,098 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF4 | $44.05 | May 13, 2016 | M | 1,758 | D | Jan 25, 2015 | Jan 25, 2022 | Common Stock | 1,758 | 0 | D |
| Common StockF4 | $50.30 | May 13, 2016 | M | 3,480 | D | Jan 28, 2016 | Jan 28, 2023 | Common Stock | 3,480 | 0 | D |
| Common StockF5 | $46.93 | May 13, 2016 | M | 4,606 | D | Jan 31, 2016 | Jan 31, 2024 | Common Stock | 4,606 | 2,304 | D |
Explanation of responses
- F1The balance includes 17,098 restricted shares that have not vested.
- F2The 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 $60.50 to $60.56. 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.
- 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 $60.58 to $60.645. 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.
- F4Options fully vested.
- F5Of the 6,910 options granted on 01/31/2014, one third vested on 01/31/2015, one third vested on 01/31/2016 and remainder will vest on 01/31/2017.