0001140361-18-028993.txt : 20180618 0001140361-18-028993.hdr.sgml : 20180618 20180618165219 ACCESSION NUMBER: 0001140361-18-028993 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180615 FILED AS OF DATE: 20180618 DATE AS OF CHANGE: 20180618 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lewis Sara Grootwassink CENTRAL INDEX KEY: 0001165970 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10709 FILM NUMBER: 18905198 MAIL ADDRESS: STREET 1: C/O CAPITALSOURCE INC. STREET 2: 4445 WILLARD AVENUE, 12TH FLOOR CITY: CHEVY CHASE STATE: MD ZIP: 20815 FORMER NAME: FORMER CONFORMED NAME: Grootwassink Lewis Sara DATE OF NAME CHANGE: 20090721 FORMER NAME: FORMER CONFORMED NAME: GROOTWASSINK SARA L DATE OF NAME CHANGE: 20020125 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PS BUSINESS PARKS INC/CA CENTRAL INDEX KEY: 0000866368 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 954300881 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 701 WESTERN AVE CITY: GLENDALE STATE: CA ZIP: 91201 BUSINESS PHONE: (818) 244-8080 MAIL ADDRESS: STREET 1: 701 WESTERN AVE CITY: GLENDALE STATE: CA ZIP: 91201 FORMER COMPANY: FORMER CONFORMED NAME: PUBLIC STORAGE PROPERTIES XI INC DATE OF NAME CHANGE: 19930328 4 1 doc1.xml FORM 4 X0306 4 2018-06-15 0 0000866368 PS BUSINESS PARKS INC/CA PSB 0001165970 Lewis Sara Grootwassink C/O PS BUSINESS PARKS, INC. 701 WESTERN AVENUE GLENDALE CA 91201 1 0 0 0 Common Stock 2018-06-15 4 M 0 1068 66.00 A 4068 D Common Stock 2018-06-15 4 M 0 2000 79.10 A 6068 D Common Stock 2018-06-15 4 M 0 1600 82.84 A 7668 D Common Stock 2018-06-15 4 M 0 1200 80.13 A 8868 D Common Stock 2018-06-15 4 M 0 800 96.89 A 9668 D Common Stock 2018-06-15 4 M 0 400 121.57 A 10068 D Common Stock 2018-06-15 4 S 0 7068 124.4464 D 3000 D Stock Option (right to buy) 66.00 2018-06-15 4 M 0 1068 0 D 2013-04-30 2022-04-30 Common Stock 1068 0 D Stock Option (right to buy) 79.10 2018-06-15 4 M 0 2000 0 D 2014-05-06 2023-05-06 Common Stock 2000 0 D Stock Option (right to buy) 82.84 2018-06-15 4 M 0 1600 0 D 2015-04-28 2024-04-28 Common Stock 1600 400 D Stock Option (right to buy) 80.13 2018-06-15 4 M 0 1200 0 D 2016-04-28 2025-04-28 Common Stock 1200 800 D Stock Option (right to buy) 96.89 2018-06-15 4 M 0 800 0 D 2017-04-26 2026-04-26 Common Stock 800 1200 D Stock Option (right to buy) 121.57 2018-06-15 4 M 0 400 0 D 2018-04-25 2027-04-25 Common Stock 400 1600 D On December 15, 2014, PSB declared a special dividend, payable on December 30, 2014. As a result, pursuant to anti-dilution provisions of PSB's 2012 Equity and Performance-Based Compensation Plan, an option for 2,000 shares of common stock held by the reporting person on December 30, 2014 became exercisable for an additional 68 shares of common stock. Represents weighted average price. These shares were sold at prices ranging from $124.00 and $124.83. Full information regarding the number of shares purchased at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer. Stock Option granted pursuant to the 2012 Equity and Performance-Based Compensation Plan. Option vests in five (5) equal annual installments beginning one (1) year from the date of grant. This option was previously reported as an option for 2,000 shares of common stock at an exercise price of $68.25, but was adjusted to reflect the special dividend declared by PSB on December 15, 2014. /s/ Lily Yan Hughes, Attorney-in-Fact 2018-06-18