4//SEC Filing
Winger Brian N 4
Accession 0001283630-22-000185
CIK 0001283630other
Filed
Aug 8, 8:00 PM ET
Accepted
Aug 9, 4:46 PM ET
Size
8.8 KB
Accession
0001283630-22-000185
Insider Transaction Report
Form 4
Winger Brian N
Senior V.P. - Transactions
Transactions
- Disposition to Issuer
Common Units of Limited Partnership Interest
2022-08-09−5,748→ 0 totalExercise: $0.00→ Common Stock, par value $.01 per share (5,748 underlying) - Disposition to Issuer
Common Stock, par value $.01 per share
2022-08-09−44,499.87→ 0 total
Footnotes (3)
- [F1]On August 9, 2022, pursuant to the Agreement and Plan of Merger, dated as of April 18, 2022 (as amended from time to time, the "Merger Agreement"), by and among Abacus Parent LLC, Abacus Merger Sub I LLC ("Merger Sub I"), Abacus Merger Sub II LLC ("Merger Sub II"), American Campus Communities, Inc. ("ACC") and American Campus Communities Operating Partnership LP (the "Partnership"), ACC merged with and into Merger Sub I (the "Company Merger"), each share of ACC common stock issued and outstanding immediately prior to the effective time of the Company Merger (other than shares held in ACC's deferred compensation plan) was automatically cancelled and converted into the right to receive an amount in cash equal to $65.47 per share, without interest.
- [F2]Includes 20,693 shares of unvested restricted stock. Pursuant to the Merger Agreement, each share of unvested restricted common stock granted pursuant to ACC's long-term incentive plans outstanding immediately prior to the effective time of the Company Merger automatically became fully vested and all restrictions and reacquisition rights thereon lapsed. All shares of ACC common stock represented thereby were considered outstanding for all purposes under the Merger Agreement and therefore automatically cancelled and converted into the right to receive an amount in cash equal to $65.47 per share, without interest.
- [F3]On August 9, 2022, pursuant to the Merger Agreement, Merger Sub II merged with and into the Partnership (the "Partnership Merger") and each limited partnership unit of the Partnership, or fraction thereof, that was issued and outstanding immediately prior to the effective time of the Partnership Merger held by the Reporting Person was automatically cancelled and converted into the right to receive an amount in cash equal to $65.47 per limited partnership unit, without interest.
Documents
Issuer
AMERICAN CAMPUS COMMUNITIES INC
CIK 0001283630
Entity typeother
Related Parties
1- filerCIK 0001298474
Filing Metadata
- Form type
- 4
- Filed
- Aug 8, 8:00 PM ET
- Accepted
- Aug 9, 4:46 PM ET
- Size
- 8.8 KB