X0306 4 2016-02-01 0 0000903127 POST PROPERTIES INC PPS 0001233000 STOCKERT DAVID P 4401 NORTHSIDE PARKWAY SUITE 800 ATLANTA GA 30327-3057 1 1 0 0 President and CEO Common Stock 2016-02-01 4 A 0 12976 0.00 A 158264 D Common Stock 70932 I By spouse Stock option (right to buy) 57.80 2016-02-01 4 A 0 21200 0.00 A 2017-02-01 2026-02-01 Common Stock 21200 21200 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 26,416 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