ASSOCIATED ESTATES REALTY CORP 4
4 · ASSOCIATED ESTATES REALTY CORP · Filed Aug 11, 2015
Insider Transaction Report
Form 4
SCHOFF JAMES A
Director
Transactions
- Disposition to Issuer
Common Shares, without par value
2015-08-07$28.75/sh−17,540$504,275→ 0 total - Disposition to Issuer
Deferred Share Units
2015-08-07$28.75/sh−32,239$926,871→ 4,619.8 total→ Common Share (32,239 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to a merger agreement among the Issuer, BSREP II Aries Pooling LLC and BSREP II Aries DE Merger Sub Inc. in exchange for the right to receive $28.75 in cash per share.
- [F2]Deferred compensation held under the Issuer's deferred compensation plans ("DSUs").
- [F3]Each DSU was the economic equivalent of one Issuer common share, and were initially payable pursuant to the Reporting Person's deferred compensation elections.
- [F4]Includes DSUs acquired pursuant to dividend reinvestment.
- [F5]Disposed of pursuant to a merger agreement among the Issuer, BSREP II Aries Pooling LLC and BSREP II Aries DE Merger Sub Inc. in exchange for the right to receive $28.75 in cash per DSU.