MURPHY JOEL T 4
4 · PREFERRED APARTMENT COMMUNITIES INC · Filed Jun 19, 2020
Insider Transaction Report
Form 4
MURPHY JOEL T
CEO-New Market Properties, LLC
Transactions
- Award
Common Stock, par value $0.01
2020-06-17+148,072→ 183,072 total - Award
Common Stock, par value $0.01
2020-06-17+137,741→ 320,813 total
Holdings
- 93,477
Class A Units
→ Common Stock (93,477 underlying)
Footnotes (3)
- [F1]These shares are restricted common stock that will vest approximately equally on June 17, 2021, June 17, 2022, June 17, 2023 and June 17, 2024.
- [F2]These shares are restricted common stock that will vest on June 17, 2024.
- [F3]Represents Class A Units ("Class A Units") of Preferred Apartment Communities Operating Partnership, L.P., of which Preferred Apartment Communities, Inc. (the "Company") 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 Company. Class A Units have no expiration date.