X0306 4 2016-02-01 0 0000903127 POST PROPERTIES INC PPS 0001479175 Konas Charles A. 4401 NORTHSIDE PARKWAY SUITE 800 ATLANTA GA 30327 0 1 0 0 Executive Vice Pres. Common Stock 2016-02-01 4 A 0 5883 0.00 A 24010.3 D Stock option (right to buy) 57.80 2016-02-01 4 A 0 9010 0.00 A 2017-02-01 2026-02-01 Common Stock 9010 9010 D Restricted stock awarded under the company's Amended and Restated Post Properties, Inc. 2003 Incentive Stock Plan. Restricted stock vests one-third each year over a three year period beginning on 12/31/2016. The balance includes 11,448 restricted shares that have not vested. Option vests one-third each year over a three year period beginning 02/01/2017. As the option vests the Reporting Person may elect to treat the vested portion as a stock appreciation right and receive the value between the exercise price and the current market price in shares of common stock equal to the spread at the time of the exercise. /s/ Sherry Cohen, Power of Attorney 2016-02-02