0001209191-14-011861.txt : 20140219 0001209191-14-011861.hdr.sgml : 20140219 20140219165650 ACCESSION NUMBER: 0001209191-14-011861 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140214 FILED AS OF DATE: 20140219 DATE AS OF CHANGE: 20140219 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: STOCKERT DAVID P CENTRAL INDEX KEY: 0001233000 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12080 FILM NUMBER: 14626352 MAIL ADDRESS: STREET 1: 4401 NORTHSIDE PARKWAY STREET 2: SUITE 800 CITY: ATLANTA STATE: GA ZIP: 30327-3057 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2014-02-14 0 0000903127 POST PROPERTIES INC PPS 0001233000 STOCKERT DAVID P 4401 NORTHSIDE PARKWAY SUITE 800 ATLANTA GA 30327-3057 1 1 0 0 President and CEO Common Stock 2014-02-14 4 M 0 7452 0.00 A 144065 D Common Stock 2014-02-14 4 F 0 3230 47.96 D 140835 D Common Stock 60683 I By Spouse Stock Option/Stock Appreciation Right 12.22 2014-02-14 4 M 0 10000 0.00 D 2019-02-02 Common Stock 7452 70000 D On February 9, 2009, reporting person received a grant of 80,000 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 $12.22 or as a stock appreciation right ("SAR"). The reporting person choose to treat 10,000 shares as an SAR on the exercise date. Thus, the computation of the 7,452 shares received was determined as follows: difference between the $47.96 fair market value on the date of exercise and the $12.22 exercise price ($35.74) times 10,000, then dividing that amount by the $47.96 fair market value. The balance includes 27,146 restricted shares that have not vested. /s/ Sherry W. Cohen, Power of Attorney 2014-02-19