4//SEC Filing
STRATUS PROPERTIES INC 4
Accession 0000899243-16-025416
$STRSCIK 0000885508operating
Filed
Jul 20, 8:00 PM ET
Accepted
Jul 21, 2:03 PM ET
Size
8.5 KB
Accession
0000899243-16-025416
Insider Transaction Report
Form 4
DEAN DAVID M
Other
Transactions
- Other
Common Stock, par value $0.01 per share
2016-07-19$18.00/sh−45,000$810,000→ 0 total - Other
Repurchase Option (obligation to sell)
2016-07-19$18.00/sh−45,000$810,000→ 0 totalExercise: $18.00→ Common stock (45,000 underlying)
Footnotes (2)
- [F1]As reflected in a Statement on Form 4 filed by the Reporting Person, on May 5, 2016, the Reporting Person entered into a Stock Purchase and Option Agreement with Mr. Carl E. Berg (the "Stock Purchase and Option Agreement"), pursuant to which the Reporting Person agreed to purchase and Mr. Berg agreed to sell 45,000 shares of the Issuer's Common Stock, par value $0.01 per share ("Common Stock"), beneficially owned by Mr. Berg, for an aggregate price of $810,000, subject to the terms and conditions of the Stock Purchase and Option Agreement, including but not limited to the grant by the Reporting Person of a call option with respect to such 45,000 shares of Common Stock in favor of Mr. Berg. The purchase of such shares of Common Stock by the Reporting Person was never consummated and, on July 19, 2016, the Reporting Person and Mr. Berg mutually rescinded the Stock Purchase and Option Agreement.
- [F2]As reflected in a Statement on Schedule 13D jointly filed by the Reporting Person, Carl E. Berg and Michael L. Knapp and in connection with the termination of certain Joint Filing and Solicitation Agreement dated January 14, 2016 by and among the Reporting Person, Mr. Berg and Mr. Knapp and the rescission of the Stock Purchase and Option Agreement, the Reporting Person, Mr. Berg and Mr. Knapp are no long acting as a group and the Reporting Person has ceased to own or to be deemed to own, directly or beneficially, any shares of Common Stock.
Documents
Issuer
STRATUS PROPERTIES INC
CIK 0000885508
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000885508
Filing Metadata
- Form type
- 4
- Filed
- Jul 20, 8:00 PM ET
- Accepted
- Jul 21, 2:03 PM ET
- Size
- 8.5 KB