AMERICAN CAMPUS COMMUNITIES INC 4
4 · AMERICAN CAMPUS COMMUNITIES INC · Filed Feb 26, 2010
Insider Transaction Report
Form 4
Macchione Joseph M
Director
Transactions
- Sale
Common stock
2010-02-24$28.00/sh−4,776$133,728→ 4,057 total - Conversion
Common Units of the Operating Partnership
2010-02-24−4,776→ 0 totalExercise: $0.00→ Common Stock, par value $.01 per share (4,776 underlying) - Conversion
Common stock
2010-02-24+4,776→ 8,833 total
Footnotes (1)
- [F1]Common units in American Campus Communities Operating Partnership, LP (the ?Operating Partnership?) are redeemable for cash based upon the fair market value of an equivalent number of shares of American Campus Communities, Inc (?ACC?) common stock, or, at the election of the Operating Partnership, an equal number of shares of ACC's common stock. The Operating Partnership elected to redeem the reporting person?s units with common stock.