CRONIN MICHAEL JOSEPH 4
4 · PREFERRED APARTMENT COMMUNITIES INC · Filed Aug 29, 2019
Insider Transaction Report
Form 4
CRONIN MICHAEL JOSEPH
See Remarks
Transactions
- Conversion
Common Stock, par value $0.01 per share
2019-08-26+18,528→ 18,528 total - Conversion
Class A Units
2019-08-26−18,528→ 61,039 totalFrom: 2019-08-26→ Common Stock (18,528 underlying)
Footnotes (1)
- [F1]The reporting person redeemed 18,528 Class A Units of the Operating Partnership, of which the issuer is the general partner. Each Class A Unit may be exchanged for one share of the Company's common stock, or cash, as selected by the issuer. The issuer elected to redeem the reporting person's Class A Units with common stock. Class A Units have no expiration date.