4//SEC Filing
Carroll James A 4
Accession 0001569187-23-000105
CIK 0001569187other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 4:09 PM ET
Size
7.0 KB
Accession
0001569187-23-000105
Insider Transaction Report
Form 4
Carroll James A
Director
Transactions
- Award
Common Stock
2023-09-15$11.32/sh+373$4,222→ 34,730 total
Holdings
- 4,645
LTIP Units
→ Common Stock (4,645 underlying)
Footnotes (2)
- [F1]These shares were issued to the director in lieu of a portion of his cash retainer.
- [F2]Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Partnership at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. 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. Neither LTIP Units nor Common Units have an expiration date.
Documents
Issuer
Armada Hoffler Properties, Inc.
CIK 0001569187
Entity typeother
Related Parties
1- filerCIK 0001575997
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 4:09 PM ET
- Size
- 7.0 KB