Filing Details

Accession Number:
0001140361-18-028993
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-06-18 16:52:19
Reporting Period:
2018-06-15
Accepted Time:
2018-06-18 16:52:19
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
1165970 Grootwassink Sara Lewis 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 2018-06-15 1,068 $66.00 4,068 No 4 M Direct
Common Stock Acquisiton 2018-06-15 2,000 $79.10 6,068 No 4 M Direct
Common Stock Acquisiton 2018-06-15 1,600 $82.84 7,668 No 4 M Direct
Common Stock Acquisiton 2018-06-15 1,200 $80.13 8,868 No 4 M Direct
Common Stock Acquisiton 2018-06-15 800 $96.89 9,668 No 4 M Direct
Common Stock Acquisiton 2018-06-15 400 $121.57 10,068 No 4 M Direct
Common Stock Disposition 2018-06-15 7,068 $124.45 3,000 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 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 2018-06-15 1,068 $0.00 1,068 $66.00
Common Stock Stock Option (right to buy) Disposition 2018-06-15 2,000 $0.00 2,000 $79.10
Common Stock Stock Option (right to buy) Disposition 2018-06-15 1,600 $0.00 1,600 $82.84
Common Stock Stock Option (right to buy) Disposition 2018-06-15 1,200 $0.00 1,200 $80.13
Common Stock Stock Option (right to buy) Disposition 2018-06-15 800 $0.00 800 $96.89
Common Stock Stock Option (right to buy) Disposition 2018-06-15 400 $0.00 400 $121.57
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-04-30 2022-04-30 No 4 M Direct
0 2014-05-06 2023-05-06 No 4 M Direct
400 2015-04-28 2024-04-28 No 4 M Direct
800 2016-04-28 2025-04-28 No 4 M Direct
1,200 2017-04-26 2026-04-26 No 4 M Direct
1,600 2018-04-25 2027-04-25 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 Compensation Plan, an option for 2,000 shares of common stock held by the reporting person on December 30, 2014 became exercisable for an additional 68 shares of common stock.
  2. Represents weighted average price. These shares were sold at prices ranging from $124.00 and $124.83. Full information regarding the number of shares purchased 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 Compensation Plan. 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 2,000 shares of common stock at an exercise price of $68.25, but was adjusted to reflect the special dividend declared by PSB on December 15, 2014.