CRONIN MICHAEL JOSEPH 4
4 · PREFERRED APARTMENT COMMUNITIES INC · Filed Mar 17, 2022
Insider Transaction Report
Form 4
CRONIN MICHAEL JOSEPH
See Remarks
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2022-03-15$25.06/sh−777$19,472→ 111,308 total
Footnotes (1)
- [F1]On March 15, 2021, the reporting person was issued 7,951 shares of time-based restricted common stock. The time-based restricted common stock vests approximately equally on March 15, 2022, March 15, 2023, March 15, 2024 and March 15, 2025. On March 15, 2022, 1,988 shares vested. The reporting person elected, pursuant to their restricted stock agreement, to satisfy their tax obligation by withholding 777 shares having a value approximately equal to the withholding obligation.