Christie G. Brian 4
4 · Steadfast Apartment REIT, Inc. · Filed Dec 16, 2021
Insider Transaction Report
Form 4
Christie G. Brian
Director
Transactions
- Disposition to Issuer
Common Stock
2021-12-16−23,076.64→ 0 total
Footnotes (2)
- [F1]Reflects the disposition of shares of the issuer's common stock in connection with the merger (the "Merger") of the issuer with and into IRSTAR Sub, LLC, a wholly-owned subsidiary of Independence Realty Trust, Inc. ("IRT"). In the Merger, each share of the issuer's common stock, par value $0.01 per share, was converted into the right to receive 0.905 shares of common stock of IRT, par value $0.01 per share.
- [F2]In connection with the Merger, 7,701.90 shares of restricted common stock (the "Restricted Stock") were converted into a number of shares of IRT common stock (rounded up or down to the nearest whole share) equal to the product of (x) 7,701.90 and (y) 0.905, and such IRT common stock is fully vested as of the Merger.