Panasonic GH4 and PP CS5 4K Compatibility

I still use Premiere Pro CS5... it works fine for me and I never really saw the need to upgrade. I'm now looking into getting a new video camera and am seriously considering the Panasonic GH4 or the X1000. If I use these to shoot in 4K can I simply import the footage into PP CS5 like I have in the past with AVCHD footage? Or will I need to upgrade to PP CC? My PC is very powerful, an I7 with a Cuda card.
Upon researching this question on the web I'm seeing conflicting results. Some people say they can just import 4K video into a sequence without a problem and others say it needs to be converted through another 3rd party program. I also found some info about importing RED 4K footage, but is that the same workflow for GH4 4K video?
I think the only way I'll get an accurate answer is to post here in the Adobe forums. Hopefully there is a PP CS5 user out there who sees this post and who also has a GH4 and can explain their 4K workflow.
Thanks!

Dear taz291819
Thanks for your help. I have one more question. Do I actually need two monitors or will the computer monitor serve as a video monitor? I'm used to the old analog process of viewing the final video on a video monitor, but with HD, I would think that the computer monitor would give the same result as a separate video monitor. My ViewSonic would work, I'm sure, but it's a bit small for the HD format and I would like a bigger screen to work on. So, can I just use the computer monitor for editing and viewing the final product?
For Harm Millaard, I just think that HD will produce a better final product in small formats viewed as podcasts or on mobile phones -- plus almost everyone wants everything in HD now, and for some of the things I will be doing, it will undoubtedly give a better product. I want to upgrade my camera anyway, so I want to go to HD.
Small Town Gal

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...However, your post, Freudian slip included, is precisely the problem around here; who can tell the posers from the NDA-qualified development program participants?
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whsprague wrote:
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David,
Thank you for the response.
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<Personal Information Edited by Host>

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Panasonic GH4 and PP CS5 4K Compatibility

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