4//SEC Filing
ARMSTRONG WILLIAM H III 4
Accession 0001209191-22-029775
CIK 0000885508other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 5:37 PM ET
Size
8.7 KB
Accession
0001209191-22-029775
Insider Transaction Report
Form 4
ARMSTRONG WILLIAM H III
DirectorChair of Board,President, CEO
Transactions
- Award
Common Stock
2022-05-16+41,012→ 619,582 total - Award
Common Stock
2022-05-16+51,973→ 671,555 total
Holdings
- 3,250(indirect: By IRA)
Common Stock
Footnotes (3)
- [F1]Represents the grant of stock-settled Common Stock Restricted Stock Units ("RSUs") in payment of participation interests in a development project pursuant to the terms of the Issuer's Profit Participation Incentive Plan ("Profit Plan"). The grant was approved by the Issuer's Compensation Committee on February 17, 2022, to be effective on the date of filing of a registration statement on Form S-8 registering the shares of Common Stock issuable under the Issuer's 2022 Stock Incentive Plan. The RSUs vest in three equal annual installments on May 16, 2023 and on each of February 17, 2024 and 2025, provided that the recipient satisfies the applicable service conditions. For additional information, see Note 8 to the Issuer's financial statements included in its Form 10-K for the year ended December 31, 2021.
- [F2]Represents the grant of stock-settled RSUs in payment of participation interests in a development project pursuant to the terms of the Issuer's Profit Plan. The grant was approved by the Issuer's Compensation Committee on February 17, 2022, to be effective on the date of filing of a registration statement on Form S-8 registering the shares of Common Stock issuable under the Issuer's 2022 Stock Incentive Plan. The RSUs vest in one installment on May 16, 2023, provided that the recipient satisfies the applicable service conditions. For additional information, see Note 8 to the Issuer's financial statements included in its Form 10-K for the year ended December 31, 2021.
- [F3]Amount beneficially owned following the reported transactions includes 144,542 RSUs.
Documents
Issuer
STRATUS PROPERTIES INC
CIK 0000885508
Entity typeother
Related Parties
1- filerCIK 0001200799
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 5:37 PM ET
- Size
- 8.7 KB