Sprain Jeffrey R 4
4 · PREFERRED APARTMENT COMMUNITIES INC · Filed Mar 17, 2022
Insider Transaction Report
Form 4
Sprain Jeffrey R
See Remarks
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2022-03-15$25.06/sh−661$16,565→ 34,038 total
Footnotes (1)
- [F1]On March 15, 2021, the reporting person was issued 7,016 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, 1,754 shares vested. The reporting person elected, pursuant to their restricted stock agreement, to satisfy their tax obligation by withholding 661 shares having a value approximately equal to the withholding obligation.