4//SEC Filing
Schultz Peter 4
Accession 0001123292-21-000932
CIK 0000866368other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 7:36 PM ET
Size
28.0 KB
Accession
0001123292-21-000932
Insider Transaction Report
Form 4
Schultz Peter
Director
Transactions
- Sale
Common Stock
2021-05-28$155.07/sh−925$143,440→ 1,210 total - Sale
Common Stock
2021-06-01$157.16/sh−9,697$1,523,981→ 1,210 total - Exercise/Conversion
Common Stock
2021-06-02$62.78/sh+303$19,022→ 2,998 total - Exercise/Conversion
Common Stock
2021-05-28$62.78/sh+342$21,471→ 1,552 total - Exercise/Conversion
Common Stock
2021-06-02$66.00/sh+1,485$98,010→ 2,695 total - Exercise/Conversion
Stock Option (right to buy)
2021-05-28−342→ 10,000 totalExercise: $62.78From: 2013-02-21Exp: 2022-02-21→ Common Stock (342 underlying) - Exercise/Conversion
Stock Option (right to buy)
2021-06-02−303→ 0 totalExercise: $62.78From: 2013-02-21Exp: 2022-02-21→ Common Stock (303 underlying) - Exercise/Conversion
Common Stock
2021-05-28$66.00/sh+583$38,478→ 2,135 total - Exercise/Conversion
Common Stock
2021-06-01$62.78/sh+9,697$608,778→ 10,907 total - Sale
Common Stock
2021-06-02$157.13/sh−1,788$280,948→ 1,210 total - Exercise/Conversion
Stock Option (right to buy)
2021-06-01−9,697→ 303 totalExercise: $62.78From: 2013-02-21Exp: 2022-02-21→ Common Stock (9,697 underlying) - Exercise/Conversion
Stock Option (right to buy)
2021-05-28−583→ 1,485 totalExercise: $66.00From: 2013-04-30Exp: 2022-04-30→ Common Stock (583 underlying) - Exercise/Conversion
Stock Option (right to buy)
2021-06-02−1,485→ 0 totalExercise: $66.00From: 2013-04-30Exp: 2022-04-30→ Common Stock (1,485 underlying)
Footnotes (9)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $154.65 to $155.28, inclusive. The reporting person undertakes to provide to the Issuer, any security holder, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F2]Stock option granted pursuant to the 2012 Equity and Performance-Based Incentive Compensation Plan. Option vested in five (5) equal annual installments beginning one (1) year from the date of grant.
- [F3]This option was previously reported as an option for 10,000 shares of common stock at an exercise price of $64.92, but was adjusted to reflect the special dividend declared by PSB on December 15, 2014.
- [F4]On December 15, 2014, PSB declared a special dividend, payable on December 30, 2014. As a result, pursuant to anti-dilution provisions of PSB's 2012 Equity and Performance-Based Compensation Plan, an option for 10,000 shares of common stock held by the reporting person on December 30, 2014 became exercisable for an additional 342 shares of common stock.
- [F5]The date exercisable and expiration date of this option were previously misreported as 2/20/2013 and 2/20/2022, respectively.
- [F6]This option was previously reported as an option for 2,000 shares of common stock at an exercise price of $68.25, but was adjusted to reflect the special dividend declared by PSB on December 15, 2014.
- [F7]On December 15, 2014, PSB declared a special dividend, payable on December 30, 2014. As a result, pursuant to anti-dilution provisions of PSB's 2012 Equity and Performance-Based Compensation Plan, an option for 2,000 shares of common stock held by the reporting person on December 30, 2014 became exercisable for an additional 68 shares of common stock.
- [F8]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.00 to $157.465, inclusive. The reporting person undertakes to provide to the Issuer, any security holder, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F9]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.05 to $157.295, inclusive. The reporting person undertakes to provide to the Issuer, any security holder, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
Documents
Issuer
PS BUSINESS PARKS INC/CA
CIK 0000866368
Entity typeother
Related Parties
1- filerCIK 0001543163
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 7:36 PM ET
- Size
- 28.0 KB