HOME PROPERTIES INC 4
4 · HOME PROPERTIES INC · Filed May 27, 2015
Insider Transaction Report
Form 4
HELBIG LEONARD F III
Director
Transactions
- Award
Phantom Stock Units
2015-05-22+476→ 25,661 totalExercise: $0.00→ Common Stock (476 underlying) - Exercise/Conversion
Common Stock, Par Value $.01
2015-05-22+368→ 54,520 total - Exercise/Conversion
Phantom Stock Units
2015-05-22−368→ 25,293 totalExercise: $0.00From: 2015-05-22Exp: 2015-05-22→ common stock (368 underlying)
Footnotes (5)
- [F1]Represents the conversion of phantom stock to common stock pursuant to the terms of the Issuer's Director Deferred Compensation Plan at the end of the deferral period.
- [F2]Each share of phantom stock was the economic equivalent of one share of the Issuer's common stock.
- [F3]Converts to common stock on a one-for-one basis.
- [F4]Represents phantom stock accrued to the Reporting Person's account pursuant to the Issuer's Director Deferred Compensation Plan at prices ranging from $74.90 to $74.8478. Represents phantom stock units accrued in lieu of cash in payment of stipend fees, the Issuer's contribution to the account pursuant to the Plan and hypothetical shares accrued pursuant to the divident reinvestment feature of the Plan.
- [F5]The Reporting Person's account will be paid in the form of the Issuer's common stock on or about the dividend payment date following the 3rd, 5th or 10th anniversary of the deferral depending on the election of the Reporting Person.