4//SEC Filing
KOMPANIEZ PETER K 4
Accession 0001229386-04-000001
CIK 0000922864other
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 11:30 AM ET
Size
7.6 KB
Accession
0001229386-04-000001
Insider Transaction Report
Form 4
KOMPANIEZ PETER K
DirectorPresident & Vice Chairman
Transactions
- Award
Partnership Common Units
2004-02-09+2,346→ 15,256 totalFrom: 2005-02-09→ Class A Common Stock (2,346 underlying)
Footnotes (4)
- [F1]The partnership common units were issued by AIMCO Properties, L.P., the operating partnership in the issuer's UPREIT structure. In accordance with the third amended and restated partnership agreement of AIMCO Properties, L.P., as amended, after the partnership common units have been held for 12 months, the partnership common units are redeemable by the holder for, at the sole discretion of AIMCO Properties, L.P., Class A Common Stock of the issuer or cash in an amount equal to the then fair market value of such shares.
- [F2]No expiration date.
- [F3]The reporting person acquired the partnership common units in exchange for interests in a limited liability company holding interests in real estate and other assets having an estimated market value of approximately $81,558.60. The number of partnership common units issued in exchange for such interests was determined based on the average of the closing prices of the issuer's Class A Common Stock on the New York Stock Exchange during the ten trading day period ended on the last trading day immediately prior to the date set forth in the Contribution Agreement, which for a portion of the interests (having an estimated value of approximately $38,820.20) was $34.676 per share and for a portion of the interests (having an estimated value of approximately $42,738.40) was $34.846 per share.
- [F4]In addition to these 15,256 partnership common units held directly, 31,500 partnership common units are held indirectly by a corporation in which the reporting person has a 75% interest (23,625 partnership common units). The 7,875 partnership common units attributable to the 25% stockholder unaffiliated with the reporting person are excluded pursuant to a contractual arrangement that prohibits the reporting person from exercising voting or dispositive control over the 7,875 partnership common units. The reporting person has no pecuniary interest in, or beneficial ownership of, these 7,875 partnership common units.
Documents
Issuer
APARTMENT INVESTMENT & MANAGEMENT CO
CIK 0000922864
Entity typeother
Related Parties
1- filerCIK 0001229386
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 11:30 AM ET
- Size
- 7.6 KB