4//SEC Filing
Carroll James A 4
Accession 0001569187-24-000175
CIK 0001569187other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 11:19 AM ET
Size
7.4 KB
Accession
0001569187-24-000175
Insider Transaction Report
Form 4
Carroll James A
Director
Transactions
- Award
Common Stock
2024-12-13$10.89/sh+387$4,214→ 39,453 total
Holdings
- 9,626
LTIP Units
→ Common Stock (9,626 underlying)
Footnotes (3)
- [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 "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 0001575997
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 11:19 AM ET
- Size
- 7.4 KB