4//SEC Filing
Carroll James A 4
Accession 0001569187-25-000043
CIK 0001569187other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 4:02 PM ET
Size
7.7 KB
Accession
0001569187-25-000043
Insider Transaction Report
Form 4
Carroll James A
Director
Transactions
- Award
Common Stock
2025-03-20$7.68/sh+549$4,216→ 40,002 total
Holdings
- 9,626
Time-Based LTIP Units
→ Common Stock (9,626 underlying)
Footnotes (4)
- [F1]These shares were issued to the director in lieu of a portion of his cash retainer.
- [F2]On February 13, 2025, the agreement of limited partnership (the "OP Agreement") of 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 was amended, which amendment renamed existing "LTIP Units" as "Time-Based LTIP Units".
- [F3]Represents Time-Based LTIP Units in the Operating Partnership ("Time-Based LTIP Units"). Under the OP Agreement and subject to conditions set forth in the OP Agreement, following the date on which the Time-Based LTIP Units vest, Time-Based LTIP Units are convertible into common units of limited partnership interest in the Operating Partnership ("Common Units") at the holder's option. Under the award agreement pursuant to which the Time-Based LTIP Units were granted to the reporting person, except in connection with a Change of Control (as defined in the OP Agreement), the Time-Based LTIP Units may not be converted to Common Units until two years following the date of grant. Time-Based LTIP Units have no expiration date.
- [F4]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
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 4:02 PM ET
- Size
- 7.7 KB