CONSOLIDATED CAPITAL PROPERTIES IV 4
4 · CONSOLIDATED CAPITAL PROPERTIES IV · Filed Jan 23, 2012
Insider Transaction Report
Form 4
APARTMENT INVESTMENT & MANAGEMENT CO
10% Owner
Transactions
- Purchase
Limited Partnership Units
2012-01-23$56.14/sh+104,948.5$5,891,809→ 0 total(indirect: See Footnote)
Footnotes (1)
- [F1]On January 23, 2012, AIMCO CCP IV Merger Sub LLC (the "Merger Sub"), a wholly owned subsidiary of AIMCO Properties, L.P. ("AIMCO Properties"), merged with and into Consolidated Capital Properties IV, LP ("CCP IV"), with CCP IV as the surviving entity. In the merger, (i) each unit of limited partnership interest of CCP IV (collectively, the "CCP IV Units") outstanding immediately prior to the merger (other than CCP IV Units as to which appraisal rights are elected) was converted into the right to receive, at the election of the holder, either $56.14 in cash, or 2.44 partnership common units of AIMCO Properties, and (ii) AIMCO Properties' membership interest in the Merger Sub was converted into 1,000 CCP IV Units. A wholly owned subsidiary of Apartment Investment and Management Company ("AIMCO") is the general partner of AIMCO Properties, and another wholly owned subsidiary of AIMCO is a limited partner in AIMCO Properties with an approximately 93% interest.