Landmark Apartment Trust, Inc. 4
4 · Landmark Apartment Trust, Inc. · Filed Jan 27, 2016
Insider Transaction Report
Form 4
Nash Michael B.
Director
Transactions
- Disposition to Issuer
Common Stock
2016-01-27$8.17/sh−22,748.28$185,853→ 0 total
Footnotes (2)
- [F1]Includes (i) 662.43 shares of restricted common stock, 20% of which vested on January 1, 2016, with the remaining to vest in equal installments on each of January 1, 2017 and January 1, 2018; and (ii) 22,085.85 shares of restricted common stock, which were to vest in equal installments on each of May 13, 2016, May 13, 2017 and May 13, 2018.
- [F2]Pursuant to the terms of the Agreement and Plan of Merger, dated as of October 22, 2015, by and among Landmark Apartment Trust, Inc. ("Landmark"), Monument Partners, L.L.C. ("Monument"), Monument REIT Merger Sub, L.P., a wholly-owned subsidiary of Monument, Monument Partnership Merger Sub, L.P., a wholly-owned subsidiary of Monument, and Landmark Apartment Trust Holdings, LP (the "Merger Agreement"), each share of Landmark common stock owned by the reporting person immediately prior to the effective time of the REIT Merger (as defined in the Merger Agreement) converted at the effective time into the right to receive $8.17 in cash.