STRATUS PROPERTIES INC - Director's Dealing 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STRATUS PROPERTIES INC (STRS)
CIK: 0000885508
Period of Report: 2007-12-05

Reporting Person: BAKER JOHN E (N/A)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-05	Common Stock	S	3000	$29	Disposed	53322	Direct
2007-12-05	Common Stock	S	909	$29.05	Disposed	52413	Direct
2007-12-06	Common Stock	S	1700	$29	Disposed	50713	Direct
2007-12-06	Common Stock	S	231	$29.03	Disposed	50482	Direct
2007-12-06	Common Stock	S	128	$29.06	Disposed	50354	Direct
2007-12-06	Common Stock	S	100	$29.15	Disposed	50254	Direct
2007-12-06	Common Stock	S	300	$29.52	Disposed	49954	Direct
2007-12-06	Common Stock	S	200	$29.53	Disposed	49754	Direct
2007-12-06	Common Stock	S	120	$29.65	Disposed	49634	Direct
2007-12-06	Common Stock	S	200	$29.7	Disposed	49434	Direct

F1: Amount beneficially owned following the reported transactions includes 27,750 Common Stock Restricted Stock Units.