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STRATUS PROPERTIES INC — Director's Dealing 2021
Mar 15, 2021
33897_dirs_2021-03-15_faa822be-7894-4ea0-8913-cf89335e3b9c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STRATUS PROPERTIES INC (STRS)
CIK: 0000885508
Period of Report: 2021-03-11
Reporting Person: PICKENS ERIN D (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-11 | Common Stock | A | 4498 | — | Acquired | 46719 | Direct |
| 2021-03-15 | Common Stock | F | 366 | $28.03 | Disposed | 46353 | Direct |
Footnotes
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. The RSUs vest in annual installments over a three-year period, 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, 2020.
F2: Amount beneficially owned following the reported transactions includes 12,998 RSUs.
F3: Shares withheld to cover the taxes due upon the vesting of time-vested RSUs.