Sherman Jeffrey David 4
4 · PREFERRED APARTMENT COMMUNITIES INC · Filed Mar 16, 2021
Insider Transaction Report
Form 4
Sherman Jeffrey David
President - Multifamily
Transactions
- Award
Common Stock, par value $0.01 per share
2021-03-15+12,862→ 31,830 total
Holdings
- 3,405
Class A Units
→ Common Stock (3,405 underlying)
Footnotes (2)
- [F1]These shares are restricted common stock that will vest approximately equally on March 15, 2022, March 15, 2023, March 15, 2024 and March 15, 2025.
- [F2]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.