SEC Form 4 · accession 0001140361-15-009907

HOME PROPERTIES INC · HME

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Feb 27, 2015

Accepted (ET)

Mar 3, 2015 · 2:43 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000923118

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, Par Value $.01^F1,F2	Feb 27, 2015	M	1,893	$0.00	A	54,153	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Phantom Stock Units^F4,F3,F5	$0.00	Feb 27, 2015	A	537	A	—	—	Common Stock	537	25,716	D
Phantom Stock Units^F1,F2,F3	$0.00	Feb 27, 2015	M	1,893	D	Feb 27, 2015	Feb 27, 2015	common stock	1,893	23,823	D

F1Represents the conversion of phantom stock to common stock pursuant to the terms of the Issuer's Director Deferred Compensation Plan at the end of the deferral period.
F2Each share of phantom stock was the economic equivalent of one share of the Issuer's common stock.
F3Converts to common stock on a one-for-one basis.
F4Represents phantom stock accrued to the Reporting Person's account pursuant to the Issuer's Director Deferred Compensation Plan at prices ranging from $66.37 to $66.3301. Represents phantom stock units accrued in lieu of cash in payment of stipend fees, the Issuer's contribution to the account pursuant to the Plan and hypothetical shares accrued pursuant to the divident reinvestment feature of the Plan.
F5The Reporting Person's account will be paid in the form of the Issuer's common stock on or about the dividend payment date following the 3rd, 5th or 10th anniversary of the deferral depending on the election of the Reporting Person.