4//SEC Filing
RICE CHALES E 4
Accession 0001209191-06-038308
CIK 0000903127other
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 4:42 PM ET
Size
6.8 KB
Accession
0001209191-06-038308
Insider Transaction Report
Form 4
RICE CHALES E
Director
Transactions
- Award
Phantom Stock Units
2006-06-26+254→ 9,341 total→ Common Stock (254 underlying)
Footnotes (3)
- [F1]Under the Issuer's amended and restated deferred compensation plan (the "plan"), a director may defer all or a portion of the fees payable to the director during any calendar year for services as a member of the Issuer's board of directors. Distributions from the plan may only be made in the Issuer's stock and the Issuer's stock is the only benchmark investment alternative available under the plan. The Issuer issued a number of shares of stock to a rabbi trust organized in connection with the plan effective on June 26, 2006, equal to the aggregate number of shares credited to the reporting person's bookkeeping account for compensation deferred under the plan for the quarter ended June 30, 2006. Each unit is exchangeable for 1 share.
- [F2]Under the revised terms of the plan, the reporting person may direct the voting of shares held by the rabbi trust equal to the number of phantom shares held in his account.
- [F3]Balance includes 92.06 phantom stock units acquired pursuant to the dividend reinvestment feature in the plan.
Documents
Issuer
POST PROPERTIES INC
CIK 0000903127
Entity typeother
Related Parties
1- filerCIK 0001203269
Filing Metadata
- Form type
- 4
- Filed
- Jun 26, 8:00 PM ET
- Accepted
- Jun 27, 4:42 PM ET
- Size
- 6.8 KB