PREFERRED APARTMENT COMMUNITIES INC 4
4 · PREFERRED APARTMENT COMMUNITIES INC · Filed Jun 1, 2017
Insider Transaction Report
Form 4
WILLIAMS JOHN A
DirectorSee Remarks
Transactions
- Sale
Common Stock, par value $0.01
2017-05-31$15.28/sh−6,000$91,680→ 650 total - Purchase
Common Stock, par value $0.01
2017-05-31$15.31/sh+1,000$15,310→ 44,265 total(indirect: By NELL Partners, Inc.)
Holdings
- 7,522(indirect: By Spouse)
Common Stock, par value $0.01
- 981(indirect: By Trust)
Common Stock, par value $0.01
- 50(indirect: By son)
Common Stock, par value $0.01
Footnotes (2)
- [F1]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. Williams disclaims any economic interest in such shares, 55% 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; 30% 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; and 15% of which are owned indirectly by Daniel M. DuPree.
- [F2]These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for the purposes of Section 16 or for any other purpose.