X0202 4 2005-12-31 0 0000903127 POST PROPERTIES INC PPS 0001191441 BLOOM HERSCHEL M 4401 NORTHSIDE PARKWAY SUITE 800 ATLANTA GA 30327-3057 1 0 0 0 Common Stock 2005-12-31 4 A 0 375 0.00 A 13263.54 D Common Stock 2005-12-31 4 M 0 314 31.875 A 13577.54 D Stock Option (right to buy) 39.95 2005-12-31 4 A 0 2500 0.00 A 2006-12-31 2015-12-31 Common Stock 2500 2500 D Phantom Stock Units 2005-12-31 4 A 0 244 A Common Stock 244 244 D Common Stock 31.875 2005-12-31 4 M 0 314 0.00 A 1996-12-31 2005-12-31 Common Stock 314 0 D Restricted stock under the company's 2003 Incentive Stock Plan. Restricted stock vests one-third each year over a three year period beginning on 12/31/2006. Option vests one-third each year over a three year period beginning on 12/31/06. Under the Issuer's amended and restated deferred compensation plan (the "plan"), a director may defer all or a portion of the fees payable to the director during any calendar year for services as a member of the Issuer's board of directors. Distributions from the plan may only be made in the Issuer's stock and the Issuer's stock is the only benchmark investment alternative available under the plan. The Issuer issued a number of shares of stock to a rabbi trust organized in connection with the plan effective on January 3, 2006, equal to the aggregate number of shares credited to the reporting person's bookkeeping account for compensation deferred under the plan for the quarter ended December 31, 2005. Each unit is exchangeable for 1 share. Under the revised terms of the plan, the reporting person may direct the voting of shares held by the rabbi trust equal to the number of phantom shares held in his account. /s/ Sherry Cohen, Power of Attorney 2006-01-04