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STRATUS PROPERTIES INC Director's Dealing 2014

Sep 2, 2014

Director's Dealing

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Issuer: STRATUS PROPERTIES INC (STRS)
CIK: 0000885508
Period of Report: 2014-08-29

Reporting Person: LESLIE JAMES (N/A)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-29	Common Stock	M	2500	$13.0605	Acquired	29105	Direct
2014-09-01	Common Stock	A	2000	—	Acquired	31105	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-29	Option (right to buy)	$13.0605	M	2500	Disposed	2014-09-01	Common Stock (2500)	Direct

F1: 25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.

F2: Amount beneficially owned following the reported transactions includes 4,500 Common Stock Restricted Stock Units.

F3: Grant of Common Stock Restricted Stock Units.