CRONIN MICHAEL JOSEPH 4
4 · PREFERRED APARTMENT COMMUNITIES INC · Filed Apr 15, 2022
Insider Transaction Report
Form 4
CRONIN MICHAEL JOSEPH
See Remarks
Transactions
- Conversion
Common Stock, par value $0.01 per share
2022-04-13+9,772→ 121,080 total - Conversion
Class A Units
2022-04-13−9,772→ 0 totalExercise: $0.00→ Common Stock (9,772 underlying)
Footnotes (1)
- [F1]The reporting person redeemed 9,772 Class A Units of Preferred Apartment Communities Operating Partnership, L.P., of which Preferred Apartment Communities Inc. (the "Company") is the general partner. Each Class A Unit may be exchanged for one share of the Company's common stock, or cash, as selected by the Company. The Company elected to redeem the reporting person's Class A Units with common stock. Class A Units have no expiration date.