Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
(b) On December 2, 2008, Post Properties, Inc. (the "Company") announced that
Thomas D. Senkbeil, Executive Vice President and Chief Investment Officer, will
leave the Company, effective on December 31, 2008. Mr. Senkbeil will receive
compensation in accordance with the provisions regarding termination without
cause or for good reason in the Amended and Restated Employment and Change in
Control Agreement, dated February 11, 2008, by and among Mr. Senkbeil, the
Company, Post Apartment Homes, L.P. and Post Services, Inc. and filed with the
Company's current report on Form 8-K dated February 11, 2008. Mr. Senkbeil's
responsibilities will be assumed by other members of Post's Investment Group.
Item 9.01. Financial Statements and Exhibits.
Exhibit 99.1 Press Release.
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