SEC Form 4 · accession 0001140361-15-037022
HOME PROPERTIES INC · HME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa M Critchley
Officer — Senior Vice President
Period of report
Oct 7, 2015
Accepted (ET)
Oct 7, 2015 · 12:54 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 | Oct 7, 2015 | A | 9,558 | $0.00 | A | 31,141 | D | |
| Common Stock Par Value $.01F2,F3 | Oct 7, 2015 | D | 31,141 | $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 | $52.56 | Oct 7, 2015 | D | 7,656 | D | — | May 1, 2018 | common stock | 7,656 | 0 | D |
| Employee Stock OptionsF6,F4 | $33.90 | Oct 7, 2015 | D | 6,987 | D | — | May 11, 2019 | common stock | 6,987 | 0 | D |
| Employee Stock OptionsF7,F4 | $49.35 | Oct 7, 2015 | D | 6,820 | D | — | May 11, 2020 | common stock | 6,820 | 0 | D |
| Employee Stock OptionsF8,F4 | $62.09 | Oct 7, 2015 | D | 4,396 | D | — | May 10, 2021 | common stock | 4,396 | 0 | D |
| Employee Stock OptionsF9,F4 | $63.69 | Oct 7, 2015 | D | 5,364 | D | — | May 8, 2022 | common stock | 5,364 | 0 | D |
| Deferred Share UnitsF10,F12,F13,F11 | — | Oct 7, 2015 | D | 6,913 | D | — | — | common | 6,913 | 0 | D |
Explanation of responses
- F1Represents shares received for no consideration that were earned based on the achievement of certain performance measures.
- F10Deferred compensation held under the Issuer's deferred compensation plan ("DSUs").
- F11Each DSU was the economic equivalent of one Issuer common share, and were initially payable pursuant to the Reporting Person's deferred compensation elections.
- F12Includes DSUs acquired pursuant to the dividend reinvestment.
- F13Disposed 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 cash per DSU equal to the closing price for shares of Home Properties, Inc. common stock as listed on the New York Stock Exchange on the date before the merger occurs, as specified in the Home Properties, Inc. Director Deferred Compensation Plan.
- 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 $22.67 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 $41.33 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 $25.88 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 $13.14 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 $11.54 per share.underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.