Filing Details

Accession Number:
0001140361-17-035216
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-09-12 17:06:48
Reporting Period:
2017-09-11
Accepted Time:
2017-09-12 17:06:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
866368 Ps Business Parks Inc PSB Real Estate Investment Trusts (6798) 954300881
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1589056 S Robert Rollo C/O Ps Business Parks, Inc.
701 Western Avenue
Glendale CA 91201
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-09-11 6,213 $72.59 7,515 No 4 M Direct
Common Stock Acquisiton 2017-09-11 1,200 $82.84 8,715 No 4 M Direct
Common Stock Acquisiton 2017-09-11 800 $80.13 9,515 No 4 M Direct
Common Stock Acquisiton 2017-09-11 400 $96.89 9,915 No 4 M Direct
Common Stock Disposition 2017-09-11 8,613 $136.24 1,302 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2017-09-11 6,213 $0.00 6,213 $72.59
Common Stock Stock Option (right to buy) Disposition 2017-09-11 1,200 $0.00 1,200 $82.84
Common Stock Stock Option (right to buy) Disposition 2017-09-11 800 $0.00 800 $80.13
Common Stock Stock Option (right to buy) Disposition 2017-09-11 400 $0.00 400 $96.89
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,140 2014-10-03 2023-10-03 No 4 M Direct
800 2015-04-28 2024-04-28 No 4 M Direct
1,200 2016-04-28 2025-04-28 No 4 M Direct
1,600 2017-04-26 2026-04-26 No 4 M Direct
Footnotes
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.