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4//SEC Filing

PREFERRED APARTMENT COMMUNITIES INC 4

Accession 0001638599-17-000259

CIK 0001481832operating

Filed

Mar 7, 7:00 PM ET

Accepted

Mar 8, 12:22 PM ET

Size

6.5 KB

Accession

0001638599-17-000259

Insider Transaction Report

Form 4
Period: 2017-03-06
Transactions
  • Sale

    Common Stock, par value $0.01

    2017-03-06$13.56/sh7,850$106,446153,444 total
Holdings
  • Common Stock, par value $0.01

    (indirect: By NELL Partners, Inc.)
    43,265
Footnotes (2)
  • [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.50 to $13.61, inclusive. The reporting person undertakes to provide to Preferred Apartment Communities, Inc., any security holder of Preferred Apartment Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  • [F2]John A. Williams, Leonard A. Silverstein and Daniel M. DuPree share joint voting and investment power over the shares held by NELL Partners, Inc. Mr. DuPree disclaims any economic interest in 36,775 of such shares, 69.4% of which are owned indirectly by the Nancy Ann Richardson Williams Children's Trust, formed on January 30, 1995, a trust created by Mr. Williams' spouse for the benefit of their children, and 30.6% of which are owned indirectly by Northside Partners Trust, formed on November 2, 2009, a trust created by Mr. Silverstein's spouse for the benefit of their children.

Issuer

PREFERRED APARTMENT COMMUNITIES INC

CIK 0001481832

Entity typeoperating
IncorporatedMD

Related Parties

1
  • filerCIK 0001481832

Filing Metadata

Form type
4
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 12:22 PM ET
Size
6.5 KB