4//SEC Filing
PREFERRED APARTMENT COMMUNITIES INC 4
Accession 0001144204-13-047225
CIK 0001481832operating
Filed
Aug 20, 8:00 PM ET
Accepted
Aug 21, 11:15 AM ET
Size
7.6 KB
Accession
0001144204-13-047225
Insider Transaction Report
Form 4
SILVERSTEIN LEONARD A
DirectorSee Remarks
Transactions
- Purchase
Common Stock, par value $0.01
2013-08-20$8.59/sh+1,000$8,590→ 40,066 total(indirect: By Nell Partners, Inc.)
Holdings
- 35,473
Common Stock, par value $0.01
- 32,919
Class A Units
→ Common Stock (32,919 underlying)
Footnotes (2)
- [F1]John A. Williams and Leonard A. Silverstein share joint voting and investment power of these shares held by NELL Partners, Inc. Leonard A. Silverstein disclaims any economic interest in such shares, 70% of which are owned indirectly by the Nancy Ann Richardson Williams Children's Trust, formed on January 30, 1995, a trust created by John A. Williams' spouse for the benefit of their children, and 30% of which are owned indirectly by the Northside Partners Trust, formed on November 2, 2009, a trust created by Mr. Silverstein's spouse for the benefit of their children.
- [F2]Represents Class A Units ("Class A Unit") of Preferred Apartment Communities Operating Partnership, L.P. (the "Operating Partnership"), of which Preferred Apartment Communities, Inc. (the "Company") is the general partner. Each Class A Unit may be exchanged for one share of the Company's common stock, or cash, as selected by the Company.
Documents
Issuer
PREFERRED APARTMENT COMMUNITIES INC
CIK 0001481832
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001481832
Filing Metadata
- Form type
- 4
- Filed
- Aug 20, 8:00 PM ET
- Accepted
- Aug 21, 11:15 AM ET
- Size
- 7.6 KB