Haddad Louis S 4
4 · Armada Hoffler Properties, Inc. · Filed May 11, 2023
Insider Transaction Report
Form 4
Haddad Louis S
DirectorPresident, CEO
Transactions
- Other
Common Stock
2023-05-09−75,321→ 370,263 total
Holdings
- 2,108,918
Common Units
→ Common Stock (2,108,918 underlying) - 5,000
6.75% Series A Preferred Stock
Footnotes (2)
- [F1]As a result of Armada Hoffler Properties, Inc. (the "Company") inadvertently issuing more shares of common stock than were available for issuance under the Armada Hoffler Properties,Inc. Amended and Restated 2013 Equity Incentive Plan, Mr. Haddad forfeited 75,321 restricted shares of common stock.
- [F2]Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P., the operating partnership of the Company and of which the Company is the general partner. Commencing one year from the date of issuance, each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. All Common Units in this report were issued more than one year prior to the date hereof and, therefore, may be tendered for redemption by the holder. Common Units have no expiration date.