4//SEC Filing
Rollo Robert S 4
Accession 0001140361-17-035216
CIK 0000866368other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 5:06 PM ET
Size
20.2 KB
Accession
0001140361-17-035216
Insider Transaction Report
Form 4
Rollo Robert S
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2017-09-11−800→ 1,200 totalExercise: $80.13From: 2016-04-28Exp: 2025-04-28→ Common Stock (800 underlying) - Exercise/Conversion
Common Stock
2017-09-11$80.13/sh+800$64,104→ 9,515 total - Exercise/Conversion
Common Stock
2017-09-11$96.89/sh+400$38,756→ 9,915 total - Exercise/Conversion
Stock Option (right to buy)
2017-09-11−1,200→ 800 totalExercise: $82.84From: 2015-04-28Exp: 2024-04-28→ Common Stock (1,200 underlying) - Exercise/Conversion
Common Stock
2017-09-11$72.59/sh+6,213$451,002→ 7,515 total - Exercise/Conversion
Common Stock
2017-09-11$82.84/sh+1,200$99,408→ 8,715 total - Exercise/Conversion
Stock Option (right to buy)
2017-09-11−6,213→ 4,140 totalExercise: $72.59From: 2014-10-03Exp: 2023-10-03→ Common Stock (6,213 underlying) - Exercise/Conversion
Stock Option (right to buy)
2017-09-11−400→ 1,600 totalExercise: $96.89From: 2017-04-26Exp: 2026-04-26→ Common Stock (400 underlying) - Sale
Common Stock
2017-09-11$136.24/sh−8,613$1,173,450→ 1,302 total
Footnotes (5)
- [F1]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 Incentive 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 353 shares of common stock.
- [F2]Represents weighted average price. These shares were sold at prices ranging between $135.95 and $136.69. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
- [F3]Stock option granted pursuant to the 2012 Equity and Performance-Based Incentive Compensation Plan. This option vests in five (5) equal annual installments beginning one (1) year from the date of grant.
- [F4]This option was previously reported as an option for 10,000 shares of common stock at an exercise price of $75.06, but was adjusted to reflect the special dividend declared by PSB on December 15, 2014.
- [F5]This option was previously reported at an exercise price of $85.53, but was adjusted to reflect the special dividend declared by PSB on December 15, 2014.
Documents
Issuer
PS BUSINESS PARKS INC/CA
CIK 0000866368
Entity typeother
Related Parties
1- filerCIK 0001589056
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 5:06 PM ET
- Size
- 20.2 KB