-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, F5ECJG+pd6TS9a4Pja3Bp6Gc8bcuboDSpOAg9hbJ/wi17sNApUH0EsyFfn8r/3fA uyVLsUe/FUbO/b1rNSeCXQ== 0001209191-08-067188.txt : 20081223 0001209191-08-067188.hdr.sgml : 20081223 20081223160417 ACCESSION NUMBER: 0001209191-08-067188 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081219 FILED AS OF DATE: 20081223 DATE AS OF CHANGE: 20081223 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CROCKER DOUGLAS II CENTRAL INDEX KEY: 0001195500 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12080 FILM NUMBER: 081267403 BUSINESS ADDRESS: BUSINESS PHONE: 2128121900 MAIL ADDRESS: STREET 1: WELLSFORD REAL PROPERTIES INC STREET 2: 535 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: POST PROPERTIES INC CENTRAL INDEX KEY: 0000903127 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 581550675 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4401 NORTHSIDE PARKWAY STREET 2: SUITE 800 CITY: ATLANTA STATE: GA ZIP: 30327 BUSINESS PHONE: 4048465000 MAIL ADDRESS: STREET 1: 4401 NORTHSIDE PARKWAY STREET 2: SUITE 800 CITY: ATLANTA STATE: GA ZIP: 30327 4 1 doc4.xml FORM 4 SUBMISSION X0303 4 2008-12-19 0 0000903127 POST PROPERTIES INC PPS 0001195500 CROCKER DOUGLAS II 4401 NORTHSIDE PARKWAY SUITE 800 ATLANTA GA 30327-3057 1 0 0 0 Phantom Stock Units 2008-12-19 4 A 0 882 A Common Stock 882 7111 D Under the Issuer's amended and restated deferred compensation plan (the "plan"), a director may defer all or a portion of the fees payable to the director during any calendar year for services as a member of the Issuer's board of directors. Distributions from the plan may only be made in the Issuer's stock and the Issuer's stock is the only benchmark investment alternative available under the plan. Effective on December 19, 2008, the Issuer issued a number of shares of stock to a rabbi trust organized in connection with the plan, equal to the number of shares credited to the reporting person's bookkeeping account for compensation deferred under the plan for the quarter ended December 31, 2008. Each unit is equivalent to 1 share. Under the revised terms of the plan, the reporting person may direct the voting of shares held by the rabbi trust equal to the number of phantom shares held in his account. Balance includes 119 shares credited to reporting person's account for dividend reinvestments since the last filed Form 4 reporting phantom units received in connection with the plan. /s/ Sherry W. Cohen, Power of Attorney 2008-12-23 -----END PRIVACY-ENHANCED MESSAGE-----