Statement of Changes in Beneficial Ownership (4)
07 Octubre 2015 - 12:01PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
GOSULE ALAN L
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2. Issuer Name
and
Ticker or Trading Symbol
HOME PROPERTIES INC
[
HME
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
_____ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
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(Last)
(First)
(Middle)
HOME PROPERTIES, INC., 850 CLINTON SQUARE
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3. Date of Earliest Transaction
(MM/DD/YYYY)
10/7/2015
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(Street)
ROCHESTER, NY 14604
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock, Par Value $.01
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10/7/2015
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D
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39705
(1)
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D
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$75.23
(2)
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0
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D
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Stock Options
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$51.06
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10/7/2015
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D
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4000
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(3)
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5/4/2016
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common stock
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4000
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$24.17
(4)
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0
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D
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Stock Options
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$55.50
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10/7/2015
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D
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3747
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(3)
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5/1/2017
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common stock
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3747
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$19.73
(5)
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0
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D
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Stock Options
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$52.56
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10/7/2015
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D
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3957
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(3)
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5/1/2018
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common stock
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3957
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$22.67
(6)
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0
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D
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Stock Options
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$33.90
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10/7/2015
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D
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6000
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(3)
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5/11/2019
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common stock
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6000
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$41.33
(7)
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0
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D
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Stock Options
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$49.35
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10/7/2015
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D
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4849
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(3)
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5/11/2020
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common stock
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4849
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$25.88
(8)
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0
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D
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Explanation of Responses:
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(
1)
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Includes common shares, restricted shares and DRIP shares.
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(
2)
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Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Estate Fund IV (U.S.), L.P. in exchange for the right to receive $75.23 in cash per share.
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(
3)
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Options were fully vested.
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(
4)
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Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $24.17 per share underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.
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(
5)
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Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $19.73 per share underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.
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(
6)
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Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $22.67 per share underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.
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(
7)
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Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $41.33 per share underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.
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(
8)
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Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $25.88 per share underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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GOSULE ALAN L
HOME PROPERTIES, INC.
850 CLINTON SQUARE
ROCHESTER, NY 14604
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X
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Signatures
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/s/ Alan L. Gosule, By Ann M. McCormick, attorney-in-fact
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10/7/2015
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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