Campo Richard J - Jan 4, 2024 Form 4 Insider Report for CAMDEN PROPERTY TRUST (CPT)

Role
Chairman and CEO, Director
Signature
/s/: Richard J. Campo
Stock symbol
CPT
Transactions as of
Jan 4, 2024
Transactions value $
-$3,765,426
Form type
4
Date filed
1/8/2024, 05:09 PM
Previous filing
Oct 5, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPT Common Shares Options Exercise $741K +62.8K +25.86% $11.81* 305K Jan 4, 2024 Direct
transaction CPT Common Shares Sale -$1.91M -19.4K -6.35% $98.24 286K Jan 4, 2024 Direct F1
transaction CPT Common Shares Sale -$1.86M -18.9K -6.62% $98.21 267K Jan 4, 2024 Direct F1
holding CPT Common Shares 7.45K Jan 4, 2024 Family Partnership

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPT Option to Repurchase Options Exercise -$741K -62.8K -31.04% $11.81* 139K Jan 4, 2024 Common Shares 62.8K $11.81 Direct F2, F3
holding CPT Options to Repurchase 278K Jan 4, 2024 Common Shares 278K Family Partnership F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person's shares are held by the issuer's executive deferred compensation plan for the benefit of the reporting person who, in prior years, made an irrevocable election to receive payment in 2024, pursuant to Internal Revenue Code Section 409A.
F2 Options to Repurchase vest in four or five annual installments and expire thirty years from date of grant. These Options to Repurchase were granted between 2004 and 2005.
F3 Includes 26,296 Options to Repurchase, which were inadvertently omitted from the reporting person's ownership in certain previously-filed Form 4s
F4 Granted by the committee appointed in accordance with the provisions of the issuer's Rabbi Trust, and represent the right to purchase shares at a price equal to 25% of the value of the shares at date of grant. Options vest in four or five annual installments and expire thirty years from date of grant. These Options were granted prior to December 31, 2004.