Filing Details

Accession Number:
0001209191-14-068841
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-11-14 16:14:40
Reporting Period:
2014-11-12
Filing Date:
2014-11-14
Accepted Time:
2014-11-14 16:14:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
903127 Post Properties Inc PPS Real Estate Investment Trusts (6798) 581550675
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1233000 P David Stockert 4401 Northside Parkway
Suite 800
Atlanta GA 30327-3057
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-11-12 9,669 $56.17 133,272 No 4 S Direct
Common Stock Acquisiton 2014-11-13 16,063 $0.00 149,335 No 4 M Direct
Common Stock Disposition 2014-11-13 6,963 $57.25 142,372 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option/Stock Appreciation Right Disposition 2014-11-13 23,610 $0.00 23,610 $18.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-02-03 2020-02-03 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 80,683 Indirect By Spouse
Footnotes
  1. The price shown is the weighted average price at which shares were sold in multiple sales transactions made pursuant to a single market order. The range of prices for the transactions made was $56.14 to $56.195. Upon request by SEC staff, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
  2. The balance includes 27,146 restricted shares that have not vested.
  3. On February 3, 2010, reporting person received a grant of 23,610 shares under the Amended and Restated Post Properties, Inc. 2003 Incentive Stock Plan ("Plan"). The grant has fully vested. The terms of the grant provided the reporting person with a choice to treat the grant as options having an exercise price of $18.30 or as a stock appreciation right ("SAR"). The reporting person choose to treat 23,610 shares as a SAR on the exercise date. Thus, the computation of the 16,063 shares received was determined as follows: difference between the $57.25 fair market value on the date of exercise and the $18.30 exercise price ($38.95) times 23,610, then dividing that amount by the $57.25 fair market value.
  4. Options/SARs fully vested.