MCLURE HOWARD A 4
4 · PREFERRED APARTMENT COMMUNITIES INC · Filed Jun 23, 2022
Insider Transaction Report
Form 4
MCLURE HOWARD A
Director
Transactions
- Gift
Common Stock, par valy $0.01
2022-05-13−1,306→ 90,220 total(indirect: By Trust) - Disposition to Issuer
Common Stock, par value, $0.01
2022-06-23−98,017→ 0 total(indirect: By Trust) - Other
Common Stock, par value, $0.01
2022-06-14+7,797→ 98,017 total(indirect: By Trust) - Other
Common Stock, par value, $0.01
2022-06-14−7,797→ 0 total
Footnotes (2)
- [F1]On June 14, 2022, Mr. McLure transferred 7,797 shares to the Howard Alex McLure Revocable Trust, of which the reporting person is the sole trusteee and sole beneficiary
- [F2]On June 23, 2022, pursuant to the Agreement and Plan of Merger, dated as of February 16, 2022 (as amended from time to time, the "Merger Agreement"), by and among Pike Parent LLC, Pike Merger Sub I LLC ("Merger Sub I"), Pike Merger Sub II LLC, Pike Merger Sub III LLC, Preferred Apartment Communities, Inc. ("PAC"), Preferred Apartment Communities Operating Partnership, L.P., and PAC Operations, LLC, PAC merged with and into Merger Sub I (the "Company Merger") and each share of PAC common stock issued and outstanding immediately prior to the effective time of the Company Merger was automatically cancelled and converted into the right to receive an amount in cash equal to $25.00 per share, without interest.