X0306 4 2016-02-11 0 0000903127 POST PROPERTIES INC PPS 0001128830 DERISO WALTER M JR 4401 NORTHSIDE PARKWAY SUITE 800 ATLANTA GA 30327-3057 1 0 0 0 Common Stock 2016-02-11 4 M 0 2500 45.70 A 34579.3241 D Common Stock 2016-02-11 4 S 0 2500 53.6736 D 32079.3241 D Common Stock 45.70 2016-02-11 4 M 0 2500 0.00 D 2009-12-31 2016-12-31 Common Stock 2500 0 D Phantom Stock 2016-02-11 4 A 0 75 0.00 A Common Stock 75 9481 D Balance includes 736 shares purchased through the Issuer's Employee Stock Purchase Plan (the "Plan") during the July 1, 2015 through December 31, 2015 purchase period. The balance includes 2,405 restricted shares that have not vested. The price shown is the weighted average price at which shares were sold in multiple sales transactions made pursuant to a single market order. The range of prices for the transactions made was $53.66 to $53.70. Upon request by SEC staff, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price. To update the balance of phantom stock units held in the Post Properties, Inc. Amended and Restated Deferred Compensation Plan to include 75 shares credited to reporting person's account for dividend reinvestments since the last filed Form 4 reporting phantom units received in connection with the plan. /s/ Sherry Cohen, Power of Attorney 2016-02-12