SEC Form 4 · accession 0001209191-16-090401
CAMDEN PROPERTY TRUST · CPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander J. Jessett
Officer — EVP - Finance & CFO
Period of report
Jan 5, 2016
Accepted (ET)
Jan 7, 2016 · 6:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000906345
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Jan 5, 2016 | M | 439 | $11.38 | A | 56,980 | D | |
| Common Shares | Jan 5, 2016 | M | 1,760 | $10.995 | A | 58,740 | D | |
| Common SharesF1 | Jan 5, 2016 | S | 1,021 | $76.86 | D | 57,719 | D | |
| Common SharesF1,F2 | Jan 5, 2016 | S | 4,005 | $76.92 | D | 54,476 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred RT SharesF3 | $11.38 | Jan 5, 2016 | M | 439 | D | — | — | Common Shares | 439 | 1,760 | D |
| Deferred RT SharesF3 | $10.995 | Jan 5, 2016 | M | 1,760 | D | — | — | Common Shares | 1,760 | 0 | D |
Explanation of responses
- F1The reporting person's shares are held by the issuer's executive deferred compensation plan for the benefit of the reporting person who, in prior years, elected to receive a distribution of shares in 2016, pursuant to Internal Revenue Code Section 409A. The reporting person sold shares to satisfy tax withholding obligations in connection with the scheduled distribution.
- F2Includes 762 shares acquired through the Issuer's Employee Share Purchase Plan.
- F3Options to repurchase vest in four or five annual installments and expire thirty years from date of grant. Includes 1,020, 859 and 320 options that vested on February 15, 2007, 2008 and 2009, respectively.