4//SEC Filing
American Residential Properties, Inc. 4
Accession 0001548981-16-000090
CIK 0001548981operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 7:46 PM ET
Size
6.5 KB
Accession
0001548981-16-000090
Insider Transaction Report
Form 4
MANSFIELD TODD
Director
Transactions
- Disposition to Issuer
LTIP Units
2016-02-29−10,756→ 0 total→ Common Stock (10,756 underlying)
Footnotes (3)
- [F1]Represents LTIP Units in American Residential Properties OP, L.P. ("ARP OP"), the operating partnership of the American Residential Properties, Inc. (the "Issuer").
- [F2]As described in ARP OP's partnership agreement, vested LTIP Units, after achieving parity with Common Units of ARP OP, may be exchanged at any time for cash or, at the election of the Issuer, for shares of common stock of the Issuer on a one-for-one basis. LTIP Units have no expiration date.
- [F3]Disposed of pursuant to the Agreement and Plan of Merger, dated as of December 3, 2015, among the Issuer, ARP OP, American Homes 4 Rent ("AMH") and American Homes 4 Rent, L.P. ("AMH OP"), among others (the "Merger Agreement"), in exchange for 12,208 Class A Units of AMH OP (plus cash in-lieu of fractional units), which, for purposes of this Form 4, had a value of $14.00 per unit, which was the closing market value per Class A common share of AMH on the effective date of the mergers contemplated by the Merger Agreement.
Documents
Issuer
American Residential Properties, Inc.
CIK 0001548981
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001548981
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 7:46 PM ET
- Size
- 6.5 KB