SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Hague Donald R. (Last) (First) (Middle) HOME PROPERTIES, INC. 850 CLINTON SQUARE (Street) ROCHESTER NY 14604 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol HOME PROPERTIES INC [ HME ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Senior Vice President
	3. Date of Earliest Transaction (Month/Day/Year) 10/07/2015
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, Par Value $.01	10/07/2015		A		7,538(1)	A	$0	21,823	D
Common Stock, par Value $.01	10/07/2015		D		21,823(2)	D	$75.23(3)	0	D
Common Stock, par Value $.01	10/07/2015		D		734(4)	D	$75.23(3)	0	I	401(K)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Options	$49.35	10/07/2015		D			2,270	(5)	05/11/2020	common stock	2,270	$25.88(6)	0	D
Employee Stock Option	$62.09	10/07/2015		D			6,783	(5)	05/10/2021	common stock	6,783	$13.14(7)	0	D
Employee Stock Option	$63.69	10/07/2015		D			4,929	(5)	05/08/2022	common stock	6,783	$11.54(8)	0	D
Deferred Share Units(9)	(10)	10/07/2015		D		951(11)		(10)	(10)	common stock	951	$75.23(12)	0	D

Explanation of Responses:

1. Represents shares received for no consideration that were earned based on the achievement of certain performance measures.

2. Includes common shares, restricted shares and restricted stock units, including those earned pursuant to performance-based measures.

3. Disposed of pursuant to the merger of Home Properties,Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $75.23 in cash per share.

4. Balance as of September 30, 2015.

5. Options were fully vested.

6. Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $25.88 per share.underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.

7. Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $13.14 per share.underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.

8. Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive $11.54 per share.underlying the stock options, representing the spread between the exercise price and the merger price of $75.23.

9. Deferred compensation held under the Issuer's deferred compensation plans ("DSUs").

10. Each DSU was the economic equivalent of one Issuer common share, and were initially payable pursuant to the Reporting Person's deferred compensation elections.

11. Includes DSUs acquired pursuant to dividend reinvestment.

12. Disposed of pursuant to the merger of Home Properties, Inc. with and into an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. in exchange for the right to receive cash per DSU equal to the closing price for shares of Home Properties, Inc. common stock as listed on the New York Stock Exchange on the date before the merger occurs, as specified in the Home Properties, Inc. Director Deferred Compensation Plan.

Remarks:

	/s/ Donald R. Hague, By Ann M. McCormick, attorney-in-fact	10/07/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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