Sprain Jeffrey R 4
4 · PREFERRED APARTMENT COMMUNITIES INC · Filed Jun 21, 2021
Insider Transaction Report
Form 4
Sprain Jeffrey R
See Remarks
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2021-06-17$10.52/sh−873$9,184→ 31,723 total
Footnotes (1)
- [F1]On June 17, 2020, the reporting person was issued 10,331 shares of time-based restricted common stock. The time-based restricted common stock vests approximately equally on June 17, 2021, June 17, 2022, June 17, 2023 and June 17, 2024. On June 17, 2021, 2,583 shares vested. The reporting person elected, pursuant to their restricted stock agreement, to satisfy their tax obligation by withholding 873 shares having a value approximately equal to the withholding obligation.