GARRISON BRUCE G 4
4 · STRATUS PROPERTIES INC · Filed Apr 11, 2012
Insider Transaction Report
Form 4
GARRISON BRUCE G
Director
Transactions
- Sale
Common Stock
2012-04-09$9.27/sh−1,875$17,380→ 17,170 total - Exercise/Conversion
Common Stock
2012-04-09$6.23/sh+1,250$7,788→ 21,875 total - Exercise/Conversion
Options (right to buy)
2012-04-09−1,250→ 1,250 totalExercise: $6.23From: 2010-09-01Exp: 2019-09-01→ Common Stock (1,250 underlying) - Sale
Common Stock
2012-04-09$8.82/sh−2,830$24,956→ 19,045 total - Sale
Common Stock
2012-04-10$8.00/sh−2,100$16,800→ 15,000 total - Exercise/Conversion
Options (right to buy)
2012-04-09−625→ 1,875 totalExercise: $8.90From: 2011-09-01Exp: 2020-09-01→ Common Stock (625 underlying) - Sale
Common Stock
2012-04-10$7.89/sh−70$552→ 17,100 total - Exercise/Conversion
Common Stock
2012-04-09$8.90/sh+625$5,563→ 20,625 total
Footnotes (3)
- [F1]25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.
- [F2]The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $8.0498 - $9.0398. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- [F3]The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $9.11 - $9.442. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.