4//SEC Filing
Palau Hernandez Margarita 4
Accession 0001062993-24-001787
CIK 0001820877other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 6:49 PM ET
Size
7.0 KB
Accession
0001062993-24-001787
Insider Transaction Report
Form 4
Palau Hernandez Margarita
Director
Transactions
- Award
Class A Common Stock
2024-01-30+4,861→ 7,861 total
Holdings
- 4,250
LTIP Units of Apartment Income REIT, L.P.
→ Partnership Common Units (4,250 underlying)
Footnotes (4)
- [F1]Award for director compensation; price column not applicable.
- [F2]Pursuant to the Seventh Amended and Restated Agreement of Limited Partnership of Apartment Income REIT, L.P. (the "Partnership Agreement"), a holder of LTIP Units has the right to convert all or a portion of such holder's vested LTIP Units into Partnership Common Units (as such term is defined in the Partnership Agreement). Pursuant to the Partnership Agreement, holders of Partnership Common Units have the right to require Apartment Income REIT, L.P. to redeem such holder's Partnership Common Units, which redemption may be for Class A Common Stock of Apartment Income REIT Corp. or a cash amount equal to the value of such shares of Class A Common Stock pursuant to the formula set forth in the Partnership Agreement. The form of currency upon redemption is determined in the sole discretion of Apartment Income REIT, L.P.
- [F3]The LTIP Units vest immediately.
- [F4]The LTIP Units do not expire.
Issuer
Apartment Income REIT Corp.
CIK 0001820877
Entity typeother
Related Parties
1- filerCIK 0001674695
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 6:49 PM ET
- Size
- 7.0 KB