4//SEC Filing
Christensen Gregg 4
Accession 0001628280-26-001026
CIK 0001692951other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 7:25 PM ET
Size
13.8 KB
Accession
0001628280-26-001026
Insider Transaction Report
Form 4
Christensen Gregg
See Remarks
Transactions
- Award
Series A Convertible Preferred Stock
2026-01-02$9.07/sh+22,038.567$200,000→ 22,038.567 total(indirect: By LLC) - Award
CROP Units
2026-01-02$11.36/sh+107,855.395$1,225,000→ 3,589,360.305 total(indirect: By LLC)→ Class I Common Stock, par value $0.01 per share (107,855.395 underlying) - Award
LTIP Units
2026-01-02+14,945.676→ 32,154.609 total→ Class I Common Stock, par value $0.01 per share (14,945.676 underlying)
Holdings
- 140,944.895
CROP Units
→ Class I Common Stock, par value $0.01 per share (140,944.895 underlying) - 324,838.989(indirect: By LLC)
CROP Units
→ Class I Common Stock, par value $0.01 per share (324,838.989 underlying)
Footnotes (5)
- [F1]Represents common units ("CROP Units") of Cottonwood Residential O.P., LP ("the Operating Partnership"), a Delaware limited partnership of which Cottonwood Communities, Inc., a Maryland corporation (the "Issuer"), is the sole member of the sole general partner. CROP Units may be redeemed for cash equal to the net asset value ("NAV") per share, determined pursuant to valuation procedures adopted by the Issuer's board of directors, of one share of the Issuer's Class I common stock or, at the Issuer's election, for shares of the Issuer's Class I common stock on a one-for-one basis. The CROP Units have no expiration date.
- [F2]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F3]The long-term incentive plan units ("LTIP Units") of the Operating Partnership were granted to the reporting person on January 2, 2026 as equity incentive compensation. The LTIP Units vest annually in equal installments over a four-year period with the first 25% vesting on January 1, 2027, subject to continued service.
- [F4]Represents LTIP units granted to the reporting person as equity incentive compensation. Over time, the LTIP Units can achieve full parity with CROP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units automatically convert into CROP Units. LTIP Units do not have an expiration date.
- [F5]Reflects the aggregate number of LTIP Units currently held by the reporting person, and excludes 140,944.895 LTIP Units which have been automatically converted to CROP Units. See footnote 4 discussing the conversion of the LTIP Units.
Documents
Issuer
Cottonwood Communities, Inc.
CIK 0001692951
Entity typeother
Related Parties
1- filerCIK 0001809877
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 7:25 PM ET
- Size
- 13.8 KB