STRATUS PROPERTIES INC — Director's Dealing 2006

Feb 25, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STRATUS PROPERTIES INC (STRS)
CIK: 0000885508
Period of Report: 2000-05-10

Reporting Person: ARMSTRONG WILLIAM H III (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2000-05-10	Common Stock	P	1000	$4.9375	Acquired	119870	Direct
2000-05-10	Common Stock	P	1500	$5	Acquired	121370	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3250	Indirect

Footnotes

F1: This number has been adjusted in connection with the one-for-fifty reverse split and the subsequent twenty-five-for-one forward split of the Issuer's common stock on May 25, 2001. The actual number of shares purchased on May 10, 2000 was 2,000.

F2: Amount beneficially owned following the reported transaction and as of the filing date of this report includes 64,250 Common Stock Restricted Stock Units.

F3: This number has been adjusted in connection with the one-for-fifty reverse split and the subsequent twenty-five-for-one forward split of the Issuer's common stock on May 25, 2001. The actual number of shares purchased on May 10, 2000 was 3,000.