4//SEC Filing
POST PROPERTIES INC 4
Accession 0001209191-07-039254
CIK 0000903127operating
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 3:39 PM ET
Size
6.8 KB
Accession
0001209191-07-039254
Insider Transaction Report
Form 4
RICE CHALES E
Director
Transactions
- Award
Phantom Stock Units
2007-06-26+368→ 10,998 total→ Common Stock (368 underlying)
Footnotes (3)
- [F1]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 June 26, 2007, 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 June 30, 2007. Each unit is equivalent to 1 share.
- [F2]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.
- [F3]Balance includes 99 shares acquired pursuant to the dividend reinvestment feature of the plan.
Documents
Issuer
POST PROPERTIES INC
CIK 0000903127
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000903127
Filing Metadata
- Form type
- 4
- Filed
- Jun 27, 8:00 PM ET
- Accepted
- Jun 28, 3:39 PM ET
- Size
- 6.8 KB