0000899243-16-025414.txt : 20160721
0000899243-16-025414.hdr.sgml : 20160721
20160721135345
ACCESSION NUMBER: 0000899243-16-025414
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160719
FILED AS OF DATE: 20160721
DATE AS OF CHANGE: 20160721
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: STRATUS PROPERTIES INC
CENTRAL INDEX KEY: 0000885508
STANDARD INDUSTRIAL CLASSIFICATION: LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552]
IRS NUMBER: 721211572
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 212 LAVACA STREET
STREET 2: SUITE 300
CITY: AUSTIN
STATE: TX
ZIP: 78701
BUSINESS PHONE: 5124785788
MAIL ADDRESS:
STREET 1: 212 LAVACA STREET
STREET 2: SUITE 300
CITY: AUSTIN
STATE: TX
ZIP: 78701
FORMER COMPANY:
FORMER CONFORMED NAME: FM PROPERTIES INC
DATE OF NAME CHANGE: 19930328
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BERG CARL E
CENTRAL INDEX KEY: 0000901719
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37716
FILM NUMBER: 161777173
MAIL ADDRESS:
STREET 1: C/O BERG & BERG DEVELOPERS
STREET 2: 10050 BANDLEY DR
CITY: CUPERTINO
STATE: CA
ZIP: 95014
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-07-19
0
0000885508
STRATUS PROPERTIES INC
STRS
0000901719
BERG CARL E
10050 BRANDLEY DRIVE
CUPERTINO
CA
95014
0
0
1
1
See Remarks
Common Stock, par value $0.01 per share
2016-07-19
4
J
0
45000
18.00
A
1421002
D
Repurchase Option (right to purchase)
18.00
2016-07-19
4
J
0
45000
18.00
D
Common Stock
45000
0
D
As reflected in a Statement on Form 4 filed by the Reporting Person, on May 5, 2016, the Reporting Person entered into a Stock Purchase and Option Agreement with Mr. David M. Dean (the "Stock Purchase and Option Agreement"), pursuant to which the Reporting Person agreed to sell and Mr. Dean agreed to purchase 45,000 shares of the Issuer's Common Stock, par value $0.01 per share ("Common Stock"), beneficially owned by the Reporting Person, for an aggregate price of $810,000, subject to the terms and conditions of the Agreement, including but not limited to the grant by Mr. Dean of a call option with respect to such 45,000 shares of Common Stock in favor of the Reporting Person. The purchase of such shares of Common Stock by Mr. Dean was never consummated and, on July 19, 2016, the Reporting Person and Mr. Dean mutually rescinded the Stock Purchase and Option Agreement.
As reflected in a Statement on Schedule 13D jointly filed by the Reporting Person, David M. Dean and Michael L. Knapp and in connection with the termination of certain Joint Filing and Solicitation Agreement dated January 14, 2016 by and among the Reporting Person, Mr. Dean and Mr. Knapp and the rescission of the Stock Purchase and Option Agreement, the Reporting Person, Mr. Dean and Mr. Knapp are no long acting as a group and the Reporting Person beneficially owns 1,421,002 shares of Common Stock individually.
Group Member - Section 13d 10% Owner
/s/ CARL E. BERG
2016-07-19