del Rio Ana Marie 4
4 · Steadfast Apartment REIT, Inc. · Filed Mar 6, 2020
Insider Transaction Report
Form 4
del Rio Ana Marie
Secretary
Transactions
- Award
Common Stock
2020-03-06+3,261.07→ 7,157.31 total - Award
Common Stock
2020-03-06+4,015.93→ 11,173.24 total
Footnotes (2)
- [F1]Reflects the acquisition of shares of issuer's common stock in connection with the merger (the "Merger") of Steadfast Income REIT, Inc. ("SIR") with and into SI Subsidiary, LLC, a wholly-owned subsidiary of the issuer. In the Merger, each share of SIR common stock, par value $0.01 per share ("SIR Common Stock"), was converted into the right to receive 0.5934 shares of Common Stock of the issuer ("STAR Common Stock"), par value $0.01 per share. Pursuant to the agreement and plan of merger governing the Merger, the parties thereto agreed that the current value of the 0.5934 share of STAR Common Stock to be received per SIR Common Stock is equivalent to $9.399, which is based on the issuer's most recently estimated per share net asset value per share of $15.84.
- [F2]Reflects the acquisition of shares of issuer's common stock in connection with the merger (the "Merger") of Steadfast Apartment REIT III, Inc. ("STAR III") with and into SIII Subsidiary, LLC, a wholly-owned subsidiary of the issuer. In the Merger, each share of STAR III common stock, par value $0.01 per share ("STAR III Common Stock"), was converted into the right to receive 1.430 shares of Common Stock of the issuer ("STAR Common Stock"), par value $0.01 per share. Pursuant to the agreement and plan of merger governing the Merger, the parties thereto agreed that the current value of the 1.430 share of STAR Common Stock to be received per STAR III Common Stock is equivalent to $22.651, which is based on the issuer's most recently estimated per share net asset value per share of $15.84.