4//SEC Filing
Apperson Eric E. 4
Accession 0001569187-24-000024
CIK 0001569187other
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 5:16 PM ET
Size
10.1 KB
Accession
0001569187-24-000024
Insider Transaction Report
Form 4
Apperson Eric E.
Vice President
Transactions
- Purchase
Common Stock
2024-01-04$12.18/sh+1,202.85$14,647→ 97,649.814 total - Award
LTIP Units
2024-03-11+30,865→ 30,865 total→ Common Stock (30,865 underlying)
Holdings
- 225,124
Common Units
→ Common Stock (225,124 underlying)
Footnotes (5)
- [F1]Shares purchased pursuant to a broker-sponsored dividend reinvestment program.
- [F2]Represents LTIP Units ("LTIP Units") in the 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") 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. LTIP Units have no expiration date.
- [F3]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. Common Units have no expiration date.
- [F4]Represents a grant of unvested LTIP Units, 40% of which vested on the grant date, 20% of which will vest on the first anniversary of the grant date, 20% of which will vest on the second anniversary of the grant date and 20% of which will vest on the third anniversary of the grant date, subject to the executive's continued employment on such dates.
- [F5]Represents Common Units in the Partnership. 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.
Documents
Issuer
Armada Hoffler Properties, Inc.
CIK 0001569187
Entity typeother
Related Parties
1- filerCIK 0001575963
Filing Metadata
- Form type
- 4
- Filed
- Mar 12, 8:00 PM ET
- Accepted
- Mar 13, 5:16 PM ET
- Size
- 10.1 KB