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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 26, 1998
POST PROPERTIES, INC.
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(Exact name of registrant as specified in its charter)
Georgia 1-12080 58-1550675
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(State or other jurisdiction of (Commission File Number) (IRS Employer Identification No.)
incorporation)
3350 Cumberland Circle, Atlanta, Georgia 30339
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(Address of principal executive offices) (Zip Code)
(770) 850-4400
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(Registrant's telephone number, including area code)
The Exhibit Index is at page 4.
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Item 5. Other Events
The Registrant is filing this Current Report on Form 8-K so as to file
with the Commission certain items that are to be incorporated by reference into
its Registration Statement on Form S-3 (Registration No. 333-36595) with respect
to the offering of 3,000,000 shares of its Common Stock (the "Shares")(plus an
over-allotment option granted to the underwriters to purchase up to an
additional 450,000 shares of Common Stock).
Item 7. Financial Statements and Exhibits
(b) Pro Forma Financial Information
Certain pro forma financial information for the Registrant as of and
for the nine months unaudited ended September 30, 1997 and the year ended
December 31, 1996, relating to the merger (the "Merger") of Post Properties
Inc. ("Post") with Columbus Realty Trust ("Columbus") on October 24, 1997 is
attached as Exhibit 99.
(c) Exhibits.
Exhibit No. Description
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1 -- Purchase Agreement between the Registrant, Post Apartment
Homes, L.P., and Merrill Lynch & Co., dated as of February
4, 1998 (incorporated by reference to Exhibit 1 to the Current
Report on Form 8-K of the Registrant dated February 4, 1998)
5 -- Opinion of King & Spalding regarding validity of the Shares
8 -- Opinion of King & Spalding relating to certain tax matters
23 -- Consent of King & Spalding (included in Exhibits 5 and 8)
99 -- Pro Forma Financial Information
The following pro forma consolidated financial information of
the Registrant:
(i) Unaudited Pro Forma Consolidated Balance Sheet as of
September 30, 1997
(ii) Unaudited Pro Forma Combined Statements of Operations For
the Nine Months Ended September 30, 1997 and the Year Ended
December 31, 1996
(iii) Notes to Unaudited Pro Forma Balance Sheet and Statements
of Operations
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
POST PROPERTIES, INC.
(Registrant)
Date: February 26, 1998 By: /S/ John T. Glover
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John T. Glover
President
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EXHIBIT INDEX
Exhibit No. Description Page
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1 -- Purchase Agreement between the Registrant, Post Apartment
Homes, L.P., and Merrill Lynch & Co., dated as of February
4, 1998 (incorporated by reference to Exhibit 1 to the Current
Report on Form 8-K of the Registrant dated February 4, 1998).
5 -- Opinion of King & Spalding regarding validity of the Shares
8 -- Opinion of King & Spalding relating to certain tax matters
23 -- Consent of King & Spalding (included in Exhibits 5 and 8)
99 -- Pro Forma Financial Information
The following pro forma consolidated financial information of the Registrant:
(i) Unaudited Pro Forma Consolidated Balance Sheet as of September 30, 1997
(ii) Unaudited Pro Forma Combined Statements of Operations For the Nine Months Ended September 30, 1997 and
the Year Ended December 31, 1996
(iii) Notes to Unaudited Pro Forma Balance Sheet and Statements of Operations
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