Purcell Thomas H. 4
4 · Steadfast Apartment REIT, Inc. · Filed Dec 4, 2020
Insider Transaction Report
Form 4
Purcell Thomas H.
Director
Transactions
- Award
Common Stock
2020-12-03+4,924.49→ 21,169.9 total
Holdings
- 3,758.386(indirect: By LLC)
Common Stock
Footnotes (2)
- [F1]On December 3, 2020, Steadfast Apartment REIT, Inc. (the "Issuer") granted the reporting person 4,924.49 shares of restricted common stock pursuant to a Restricted Stock Award Agreement under the Independent Directors' Compensation Plan ("Plan"). The shares of restricted common stock granted to the reporting person pursuant to the Plan vest and become non-forfeitable 50% on the first anniversary of the award date and 50% on the second anniversary of the award date; provided, however, that the restricted common stock will become fully vested on the earlier to occur of (i) the termination of the reporting person's service as a director due to his death or disability, or (ii) a change in control of the Issuer.
- [F2]The reporting person received additional shares pursuant to the Issuer's distribution reinvestment plan.