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
- 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.
- The balance includes 27,146 restricted shares that have not vested.
- 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.
- Options/SARs fully vested.