POST PROPERTIES INC 4
4 · POST PROPERTIES INC · Filed Feb 2, 2016
Insider Transaction Report
Form 4
Konas Charles A.
Executive Vice Pres.
Transactions
- Award
Stock option (right to buy)
2016-02-01+9,010→ 9,010 totalExercise: $57.80From: 2017-02-01Exp: 2026-02-01→ Common Stock (9,010 underlying) - Award
Common Stock
2016-02-01+5,883→ 24,010.3 total
Footnotes (3)
- [F1]Restricted stock awarded under the company's Amended and Restated Post Properties, Inc. 2003 Incentive Stock Plan. Restricted stock vests one-third each year over a three year period beginning on 12/31/2016.
- [F2]The balance includes 11,448 restricted shares that have not vested.
- [F3]Option vests one-third each year over a three year period beginning 02/01/2017. As the option vests the Reporting Person may elect to treat the vested portion as a stock appreciation right and receive the value between the exercise price and the current market price in shares of common stock equal to the spread at the time of the exercise.