0001209191-14-068841.txt : 20141114 0001209191-14-068841.hdr.sgml : 20141114 20141114161440 ACCESSION NUMBER: 0001209191-14-068841 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20141112 FILED AS OF DATE: 20141114 DATE AS OF CHANGE: 20141114 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: 141224315 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 2014-11-12 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 2014-11-12 4 S 0 9669 56.1733 D 133272 D Common Stock 2014-11-13 4 M 0 16063 A 149335 D Common Stock 2014-11-13 4 F 0 6963 57.25 D 142372 D Common Stock 80683 I By Spouse Stock Option/Stock Appreciation Right 18.30 2014-11-13 4 M 0 23610 0.00 D 2013-02-03 2020-02-03 Common Stock 23610 0 D 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. /s/ Sherry W. Cohen, Power of Attorney 2014-11-14