SEC Form 4 · accession 0001140361-15-037019
HOME PROPERTIES INC · HME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward J Pettinella
Officer — CEO · Director
Period of report
Oct 1, 2015
Accepted (ET)
Oct 7, 2015 · 12:52 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 $.01 | Oct 1, 2015 | G | 3,425 | $0.00 | D | 259,177 | D | |
| Common Stock, Par Value $.01F1 | Oct 7, 2015 | A | 95,566 | $0.00 | A | 354,743 | D | |
| Common Stock, Par Value $.01F2,F3 | Oct 7, 2015 | D | 354,743 | $75.23 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionsF5,F4 | $51.06 | Oct 7, 2015 | D | 65,000 | D | — | May 4, 2016 | common stock | 65,000 | 0 | D |
| Employee Stock OptionsF6,F4 | $55.50 | Oct 7, 2015 | D | 64,864 | D | — | May 1, 2017 | common stock | 64,864 | 0 | D |
| Employee Stock OptionsF7,F4 | $52.56 | Oct 7, 2015 | D | 81,929 | D | — | May 1, 2018 | common stock | 81,929 | 0 | D |
| Employee Stock OptionsF8,F4 | $33.90 | Oct 7, 2015 | D | 124,789 | D | — | May 11, 2019 | common stock | 124,789 | 0 | D |
| Employee Stock OptionsF9,F4 | $49.35 | Oct 7, 2015 | D | 79,710 | D | — | May 11, 2020 | common stock | 79,710 | 0 | D |
| Employee Stock OptionsF10,F4 | $62.09 | Oct 7, 2015 | D | 41,457 | D | — | May 10, 2021 | common stock | 41,457 | 0 | D |
| Employee Stock OptionsF11,F4 | $63.69 | Oct 7, 2015 | D | 69,742 | D | — | May 8, 2022 | common stock | 69,742 | 0 | D |
Explanation of responses
- F1Represents shares received for no consideration that were earned based on the achievement of certain performance measures.
- F10Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $13.14 per share underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.
- F11Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $11.54 per share underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.
- F2Includes common shares, restricted shares and restricted stock units, including those earned pursuant to performance-based measures.
- F3Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real estate Fund IV (U.S.), L.P. in exchange for the right to receive $75.23 in cash per share.
- F4Options were fully vested.
- F5Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $24.17 per share underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.
- F6Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $19.73 per share underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.
- F7Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $22.67 per share underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.
- F8Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $41.33 per share underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.
- F9Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $25.88 per share underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.