POST PROPERTIES INC 4
4 · POST PROPERTIES INC · Filed Feb 6, 2007
Insider Transaction Report
Form 4
WILKES THOMAS L
EVP and President PAM
Transactions
- Award
Stock option (right to buy)
2007-02-02+27,690→ 27,690 totalExercise: $48.00From: 2008-02-02Exp: 2017-02-02→ Common Stock (27,690 underlying) - Award
Common Stock
2007-02-02+4,167→ 67,544.01 total
Footnotes (2)
- [F1]Restricted stock granted under the company's 2003 Incentive Stock Plan. Restricted stock vests one-third each year over a three year period beginning on 12/31/2007.
- [F2]Option vests one-third each year over a three year period beginning 02/02/2008. As the option vests the Reporting Person may elect to treat the vested portion as a stock appreciation right and receive the value between the exercise price and the current market price in shares of common stock equal to the spread at the time of the exercise.