SEC FORM
4
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
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| OMB Number: |
3235-0287 |
| Estimated average burden |
| hours per response: |
0.5 |
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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*
| 98 SAN JACINTO BOULEVARD, STE 220 |
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(Street)
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2. Issuer Name and Ticker or Trading Symbol
STRATUS PROPERTIES INC
[ STRS ]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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Director |
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10% Owner |
| X |
Officer (give title below) |
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Other (specify below) |
| Chair of Board,President, CEO |
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3. Date of Earliest Transaction
(Month/Day/Year)
12/30/2004
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4. If Amendment, Date of Original Filed
(Month/Day/Year)
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6. Individual or Joint/Group Filing (Check Applicable Line)
| X |
Form filed by One Reporting Person |
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Form filed by More than One Reporting Person |
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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| 1. Title of Security (Instr.
3)
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2. Transaction Date
(Month/Day/Year) |
2A. Deemed Execution Date, if any
(Month/Day/Year) |
3. Transaction Code (Instr.
8)
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4. Securities Acquired (A) or Disposed Of (D) (Instr.
3, 4 and 5)
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5.
Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr.
3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
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7. Nature of Indirect Beneficial Ownership (Instr.
4)
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| Code |
V |
Amount |
(A) or (D) |
Price |
| Common Stock |
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3,250 |
I |
IRA for self |
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Common Stock
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12/30/2004 |
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A
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25,000 |
A |
$0
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73,786 |
D |
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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|---|
| 1. Title of Derivative Security (Instr.
3)
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2. Conversion or Exercise Price of Derivative Security
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3. Transaction Date
(Month/Day/Year) |
3A. Deemed Execution Date, if any
(Month/Day/Year) |
4. Transaction Code (Instr.
8)
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5.
Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr.
3, 4 and 5)
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6. Date Exercisable and Expiration Date
(Month/Day/Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr.
3 and 4)
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8. Price of Derivative Security (Instr.
5)
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9.
Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr.
4)
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10. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
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11. Nature of Indirect Beneficial Ownership (Instr.
4)
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| Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
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Option (right to buy)
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$16.015
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12/30/2004 |
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A |
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70,000 |
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12/30/2005
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12/30/2014 |
Common Stock |
70,000 |
$0
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70,000 |
D |
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| Explanation of Responses: |
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Kelly C. Simoneaux, on behalf of William H. Armstrong III pursuant to a power of attorney |
01/03/2005 |
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** 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). |
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |
POWER OF ATTORNEY
KNOW ALL
MEN BY THESE PRESENTS, that the undersigned does hereby make, constitute, and
appoint MARGARET F. MURPHY, KELLY C. SIMONEAUX, MONIQUE A. CENAC and DOUGLAS N.
CURRAULT II, and each of them acting individually, the true and lawful attorney
of the undersigned with power to act without the others and with full power of
substitution and resubstitution (i) to complete, execute, and file with the
United States Securities and Exchange Commission (the "SEC"), The Nasdaq Stock
Market, Inc. ("Nasdaq"), and any other stock exchange or similar authority, for
and on behalf of the undersigned, in the capacity or capacities of the
undersigned as a person subject to Section 16 ("Section 16") of the Securities
Exchange Act of 1934, as amended, with respect to the securities of Stratus
Properties Inc. (the "Issuer"), Forms 3, 4, and 5, any amendment or amendments
thereto, and any other document in support thereof or supplemental thereto, in
accordance with Section 16 and the rules and regulations promulgated by the SEC
thereunder and (ii) to do and perform each and every act and thing whatsoever
that the attorney or attorneys may deem necessary or advisable to carry out
fully the intent of the foregoing as the undersigned might or could do
personally, hereby ratifying and confirming all acts and things that the
attorney or attorneys may do or cause to be done by virtue of these presents.
The undersigned hereby acknowledges that the attorneys, in serving in such
capacities at the request of the undersigned, are not assuming, nor is the
Issuer assuming, any of the responsibilities of the undersigned to comply with
Section 16. This Power of Attorney shall remain in full force and effect until
the undersigned is no longer subject to Section 16 with respect to the
securities of the Issuer, unless earlier revoked by the undersigned in a signed
writing delivered to the attorneys.
IN WITNESS
WHEREOF, the undersigned has executed this Power of Attorney as of this 7th
day of June, 2004.
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/s/ William H. Armstrong III
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WILLIAM H. ARMSTRONG III |
