X0306 4 2016-11-23 1 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 2016-11-23 5 G 0 E 1000 0.00 D 69932 I By Spouse Common Stock 2016-11-23 5 G 0 E 3492 0.00 D 66440 I By Spouse Common Stock 2016-11-29 5 G 0 E 3000 0.00 D 63440 I By Spouse Common Stock 2016-11-29 5 G 0 E 3000 0.00 D 60440 I By Spouse Common Stock 2016-11-29 5 G 0 E 20000 0.00 D 140423 D Common Stock 2016-11-29 5 G 0 E 20000 0.00 A 80440 I By Spouse Common Stock 2016-11-30 4 F 0 2315 65.02 D 138108 D Common Stock 2016-11-30 4 F 0 4128 65.02 D 133980 D Common Stock 2016-11-30 4 F 0 6221 65.02 D 127759 D Common Stock 2016-11-30 4 D 0 127759 D 0 D Common Stock 2016-11-30 4 D 0 80440 D 0 I By Spouse Units in 401(k) Plan 2016-11-30 4 D 0 2228.0863 D Common Stock 2228.0863 0 D Stock Option 44.05 2016-11-30 4 D 0 9230 D 2022-01-25 Common Stock 9230 0 D Stock Option 50.30 2016-11-30 4 D 0 8110 D 2023-01-28 Common Stock 8110 0 D Stock Option 46.93 2016-11-30 4 D 0 11180 D 2024-01-31 Common Stock 11180 0 D Stock Option 60.40 2016-11-30 4 D 0 8730 D 2025-02-03 Common Stock 8730 0 D Stock Option 57.80 2016-11-30 4 D 0 21200 D 2026-02-01 Common Stock 21200 0 D As of November 30, 2016, Issuer was acquired by Mid-America Apartment Communities, Inc. ("MAA") pursuant to a merger agreement dated August 15, 2016 (Merger Agreement"), as described in the Issuer/MAA Joint Proxy Statement dated September 30, 2016 and filed by MAA with the SEC on that date (the "Merger"). Each outstanding share of Issuer Common Stock was converted into .71 shares of MAA Common Stock ("Exchange Ratio") with cash paid for fractional shares. All dispositions by Reporting Person in the Merger were approved in advance by Issuer's Board of Directors. Issuer outstanding unvested restricted stock units ("RSU's") became fully vested under the Merger Agreement and Issuer shares were withheld for payment of withholding income taxes. All vested RSU's were then converted into MAA common stock at the Exchange Ratio. The issuer's outside administrator for the employees 401(k) plan held issuer stock in a pooled fund as a participant investment option. Participant contributions designated to be invested in issuer common stock were accounted for as units of interest in the issuer fund. As of 11/30/2016, the equivalent of 2228.086281 shares of common stock were held in the issuer 401(k) Plan. These shares were converted into shares of MAA common stock at the Exchange Ratio. Issuer outstanding stock options, if not yet vested became vested, and all Issuer stock options were converted at the Exchange Ratio into MAA fully vested stock options under the terms of each outstanding Issuer stock option. Cash was paid for fractional shares. /s/ Sherry Cohen, Power of Attorney 2016-11-30