<PAGE> 1
As filed with the Securities and Exchange Commission on April 9, 1998
Registration Statement No. 33-90704
================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-------------------------
POST-EFFECTIVE AMENDMENT NO. 1
TO
FORM S-3
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
-------------------------
SUMMIT PROPERTIES INC.
(Exact name of Registrant as specified in its charter)
Maryland 56-1857807
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
212 South Tryon Street, Suite 500
Charlotte, North Carolina 28281
(704) 334-9905
(Address, including zip code, and telephone number, including area code, of
Registrant's principal executive offices)
-------------------------------
William F. Paulsen
President and Chief Executive Officer
Summit Properties Inc.
212 South Tryon Street, Suite 500
Charlotte, North Carolina 28281
(704) 334-9905
(Name, address, including zip code, and
telephone number, including area code, of agent for service)
copy to:
David W. Watson, P.C.
Goodwin, Procter & Hoar LLP
Exchange Place
Boston, Massachusetts 02109-2881
(617) 570-1000
-----------------------------
================================================================================
<PAGE> 2
On March 28, 1995 the Registrant registered 500,000 shares of its common
stock, par value $0.01 (the "Common Stock") to be offered pursuant to the
Registrant's Dividend Reinvestment and Stock Purchase Plan (the "Original
Plan"). Of the 500,000 shares of Common Stock originally registered pursuant to
this registration statement on Form S-3 (the "Original Registration Statement"),
417,436.0263 remain unissued under the Original Plan.
The Registrant intends to continue to offer to existing and prospective
shareholders a Dividend Reinvestment and Stock Purchase Plan and on October 24,
1997 filed a registration statement on Form S-3 (the "New Registration
Statement") to register 1,500,000 shares of Common Stock to be offered under a
new Dividend Reinvestment and Stock Purchase Plan (the "New Plan"). The New
Registration Statement became effective on November 5, 1997.
Registrant files this Post-Effective Amendment No. 1 to the Original
Registration Statement to remove from registration those 417,436.0263 shares of
Common Stock which remain unissued under the Original Plan.
<PAGE> 3
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that its has reasonable grounds to believe it meets all of the
requirements for filing on Form S-3 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Charlotte, State of North Carolina on this 9th day
of April, 1998.
SUMMIT PROPERTIES INC.
By: /s/ William F. Paulsen
--------------------------------------
William F. Paulsen
President and Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in the
capacities and on the date indicated. Each person listed below has signed this
registration statement in their capacity as an officer or director of Summit
properties Inc., on behalf of Summit Properties Inc.
Signature Title Date
* Chairman of the Board of April 9, 1998
- ----------------------------- Directors
William B. McGuire, Jr.
/s/ William F. Paulsen President, Chief Executive April 9, 1998
- ----------------------------- Officer and Director
William F. Paulsen
* Executive Vice President and April 9, 1998
- ----------------------------- Chief Financial Officer
Michael L. Schwarz
* Director April 9, 1998
- -----------------------------
Henry H. Fishkind
* Director April 9, 1998
- -----------------------------
James H. Hance, Jr.
* Director April 9, 1998
- -----------------------------
Nelson Schwab III
* Director April 9, 1998
- -----------------------------
John Crosland, Jr.
*By: /s/ William F. Paulsen
------------------------
William F. Paulsen
Attorney-in-Fact
2
