4//SEC Filing
Barnes-Smith Matthew 4
Accession 0001569187-24-000046
CIK 0001569187other
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 5:31 PM ET
Size
7.4 KB
Accession
0001569187-24-000046
Insider Transaction Report
Form 4
Barnes-Smith Matthew
CFO, Treasurer and Secretary
Transactions
- Tax Payment
Common Stock
2024-03-04$10.40/sh−1,486$15,454→ 13,103 total
Holdings
- 26,115
LTIP Units
→ Common Stock (26,115 underlying)
Footnotes (3)
- [F1]Reflects shares of common stock surrendered to Armada Hoffler Properties, Inc. (the "Company") to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock.
- [F2]Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of 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.
- [F3]The number of LTIP Units beneficially owned by the Reporting Person has been adjusted down by one LTIP Unit to correct for a rounding error in the previously reported total.
Documents
Issuer
Armada Hoffler Properties, Inc.
CIK 0001569187
Entity typeother
Related Parties
1- filerCIK 0001919162
Filing Metadata
- Form type
- 4
- Filed
- Mar 24, 8:00 PM ET
- Accepted
- Mar 25, 5:31 PM ET
- Size
- 7.4 KB