4//SEC Filing
Cherry James C. 4
Accession 0001569187-24-000144
CIK 0001569187other
Filed
Sep 29, 8:00 PM ET
Accepted
Sep 30, 4:57 PM ET
Size
8.0 KB
Accession
0001569187-24-000144
Insider Transaction Report
Form 4
Cherry James C.
Director
Transactions
- Purchase
Common Stock
2024-09-26$10.50/sh+4,761$49,991→ 52,342 total
Holdings
- 12,000
6.75% Series A Preferred Stock
- 9,626
LTIP Units
→ Common Stock (9,626 underlying)
Footnotes (3)
- [F1]The shares were purchased from the underwriters in the underwritten public offering that closed on September 27, 2024.
- [F2]Represents LTIP Units ("LTIP Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"), and of which the Company is the general partner. Under the limited partnership agreement of the Operating Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, following the date on which the LTIP Units vest, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") in the Operating Partnership at the holder's option. Under the award agreement pursuant to which the LTIP Units were granted to the reporting person, 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.
Documents
Issuer
Armada Hoffler Properties, Inc.
CIK 0001569187
Entity typeother
Related Parties
1- filerCIK 0001514107
Filing Metadata
- Form type
- 4
- Filed
- Sep 29, 8:00 PM ET
- Accepted
- Sep 30, 4:57 PM ET
- Size
- 8.0 KB