0001123292-21-000932.txt : 20210602
0001123292-21-000932.hdr.sgml : 20210602
20210602193602
ACCESSION NUMBER: 0001123292-21-000932
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210528
FILED AS OF DATE: 20210602
DATE AS OF CHANGE: 20210602
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schultz Peter
CENTRAL INDEX KEY: 0001543163
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10709
FILM NUMBER: 21990836
MAIL ADDRESS:
STREET 1: 701 WESTERN AVENUE
CITY: GLENDALE
STATE: CA
ZIP: 91201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PS BUSINESS PARKS INC/CA
CENTRAL INDEX KEY: 0000866368
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 954300881
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 701 WESTERN AVE
CITY: GLENDALE
STATE: CA
ZIP: 91201
BUSINESS PHONE: (818) 244-8080
MAIL ADDRESS:
STREET 1: 701 WESTERN AVE
CITY: GLENDALE
STATE: CA
ZIP: 91201
FORMER COMPANY:
FORMER CONFORMED NAME: PUBLIC STORAGE PROPERTIES XI INC
DATE OF NAME CHANGE: 19930328
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2021-05-28
0000866368
PS BUSINESS PARKS INC/CA
PSB
0001543163
Schultz Peter
C/O PS BUSINESS PARKS, INC.
701 WESTERN AVENUE
GLENDALE
CA
91201
1
0
0
0
Common Stock
2021-05-28
4
M
0
342
62.78
A
1552
D
Common Stock
2021-05-28
4
M
0
583
66
A
2135
D
Common Stock
2021-05-28
4
S
0
925
155.07
D
1210
D
Common Stock
2021-06-01
4
M
0
9697
62.78
A
10907
D
Common Stock
2021-06-01
4
S
0
9697
157.16
D
1210
D
Common Stock
2021-06-02
4
M
0
1485
66
A
2695
D
Common Stock
2021-06-02
4
M
0
303
62.78
A
2998
D
Common Stock
2021-06-02
4
S
0
1788
157.13
D
1210
D
Stock Option (right to buy)
62.78
2021-05-28
4
M
0
342
0
D
2013-02-21
2022-02-21
Common Stock
342
10000
D
Stock Option (right to buy)
66
2021-05-28
4
M
0
583
0
D
2013-04-30
2022-04-30
Common Stock
583
1485
D
Stock Option (right to buy)
62.78
2021-06-01
4
M
0
9697
0
D
2013-02-21
2022-02-21
Common Stock
9697
303
D
Stock Option (right to buy)
66.0
2021-06-02
4
M
0
1485
0
D
2013-04-30
2022-04-30
Common Stock
1485
0
D
Stock Option (right to buy)
62.78
2021-06-02
4
M
0
303
0
D
2013-02-21
2022-02-21
Common Stock
303
0
D
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $154.65 to $155.28, inclusive. The reporting person undertakes to provide to the Issuer, any security holder, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
Stock option granted pursuant to the 2012 Equity and Performance-Based Incentive Compensation Plan. Option vested in five (5) equal annual installments beginning one (1) year from the date of grant.
This option was previously reported as an option for 10,000 shares of common stock at an exercise price of $64.92, but was adjusted to reflect the special dividend declared by PSB on December 15, 2014.
On December 15, 2014, PSB declared a special dividend, payable on December 30, 2014. As a result, pursuant to anti-dilution provisions of PSB's 2012 Equity and Performance-Based Compensation Plan, an option for 10,000 shares of common stock held by the reporting person on December 30, 2014 became exercisable for an additional 342 shares of common stock.
The date exercisable and expiration date of this option were previously misreported as 2/20/2013 and 2/20/2022, respectively.
This option was previously reported as an option for 2,000 shares of common stock at an exercise price of $68.25, but was adjusted to reflect the special dividend declared by PSB on December 15, 2014.
On December 15, 2014, PSB declared a special dividend, payable on December 30, 2014. As a result, pursuant to anti-dilution provisions of PSB's 2012 Equity and Performance-Based Compensation Plan, an option for 2,000 shares of common stock held by the reporting person on December 30, 2014 became exercisable for an additional 68 shares of common stock.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.00 to $157.465, inclusive. The reporting person undertakes to provide to the Issuer, any security holder, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.05 to $157.295, inclusive. The reporting person undertakes to provide to the Issuer, any security holder, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
/s/ Nathaniel A. Vitan, Attorney-in-Fact
2021-06-02