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4//SEC Filing

American Residential Properties, Inc. 4

Accession 0001209191-13-035810

CIK 0001548981operating

Filed

Jul 4, 8:00 PM ET

Accepted

Jul 5, 5:50 PM ET

Size

6.1 KB

Accession

0001209191-13-035810

Insider Transaction Report

Form 4
Period: 2013-07-02
Transactions
  • Award

    LTIP Units

    2013-07-02+2,8335,333 total
    Common Stock (2,833 underlying)
Footnotes (3)
  • [F1]Represents units of limited partnership interest ("LTIP Units") in American Residential Properties OP, L.P. (the "OP"), the operating partnership of the Issuer.
  • [F2]As described in the OP's partnership agreement, vested LTIP Units, after achieving parity with Common Units of the OP, may be exchanged at any time for cash or, at the election of the Issuer, for shares of Common Stock on a one-for-one basis. LTIP Units have no expiration date.
  • [F3]Payment of LTIP units having a value of $50,000 for serving on the Board of Directors until the 2014 annual meeting of stockholders. These LTIP units will vest on the date of the 2014 annual meeting of stockholders. Per-unit value deemed to be the average of the closing prices for the Company's common stock on the New York Stock Exchange for the ten trading days preceding the date of grant.

Issuer

American Residential Properties, Inc.

CIK 0001548981

Entity typeoperating
IncorporatedMD

Related Parties

1
  • filerCIK 0001548981

Filing Metadata

Form type
4
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 5:50 PM ET
Size
6.1 KB