Sprain Jeffrey R 4/A
4/A · PREFERRED APARTMENT COMMUNITIES INC · Filed Jun 21, 2021
Insider Transaction Report
Form 4/AAmended
Sprain Jeffrey R
See Remarks
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2021-06-17$10.52/sh−865$9,100→ 31,731 total
Footnotes (2)
- [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.
- [F2]This amended Form 4 is being filed to correct the number of shares withheld for the reporting person's tax obligation from 873 to 865 and the resulting change in securities beneficially owned following the withholding from 31,723 to 31,731.