SEC Form 4 · accession 0001140361-15-021857
HOME PROPERTIES INC · HME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard F Helbig III
Director
Period of report
May 22, 2015
Accepted (ET)
May 27, 2015 · 2:20 pm EDT
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 $.01F1,F2 | May 22, 2015 | M | 368 | $0.00 | A | 54,520 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF4,F3,F5 | $0.00 | May 22, 2015 | A | 476 | A | — | — | Common Stock | 476 | 25,661 | D |
| Phantom Stock UnitsF1,F2,F3 | $0.00 | May 22, 2015 | M | 368 | D | May 22, 2015 | May 22, 2015 | common stock | 368 | 25,293 | D |
Explanation of responses
- 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 $74.90 to $74.8478. 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.