Sherman Jeffrey David 4
4 · PREFERRED APARTMENT COMMUNITIES INC · Filed Aug 26, 2021
Insider Transaction Report
Form 4
Sherman Jeffrey David
President - Multifamily
Transactions
- Sale
Common Stock, par value $0.01 per share
2021-08-24$11.75/sh−1,750$20,563→ 28,428 total
Holdings
- 3,405
Class A Units
→ Common Stock (3,405 underlying)
Footnotes (1)
- [F1]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.