Form 4 for AIV APARTMENT INVESTMENT & MANAGEMENT CO
Accepted 2022-02-03 00:00:00 ET · period of report 2022-02-02 · accession 0001062993-22-002523 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-03 | 2022-02-02 | AIV | Stanfield Lynn | EVP, CFO | A - Grant | — | +25.6K | 323.5K | +9% | — |
| D | 2022-02-03 | 2022-02-02 | AIV | Stanfield Lynn | EVP, CFO | A - Grant | — | +2,491 | 7,733 | +48% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-02-02 | A | A | 25,585 | — | 323,478 | D | — | — | (F1) The shares vest one-third on each anniversary of the grant date of February 2, 2022, beginning with the first anniversary. (F2) Stock Award approved by Compensation and Human Resources Committee in connection with a portion of 2022 long-term incentive compensation, price column not applicable. |
| 2 | Derivative | LTIP Units of Aimco OP L.P. | 2022-02-02 | A | A | 2,491 | — | 7,733 | D | — · — to — | 2,491 Partnership Common Units | (F4) Equity Award approved by Compensation and Human Resources Committee in connection with a portion of 2019 long-term incentive compensation, price column not applicable. Receipt of the LTIP Units was subject to satisfaction of total shareholder return criteria over the period compared to specified indices. (F3) Pursuant to the Amended and Restated Agreement of Limited Partnership of Aimco OP L.P. (the "Partnership Agreement"), a holder of LTIP Units has the right to convert all or a portion of such holder's vested LTIP Units into Partnership Common Units (as such term is defined in the Partnership Agreement). Pursuant to the Partnership Agreement, holders of Partnership Common Units have the right to require Aimco OP L.P. to redeem such holder's Partnership Common Units, which redemption may be for Class A Common Stock of Apartment Investment and Management Company or a cash amount equal to the value of such shares of Class A Common Stock pursuant to the formula set forth in the Partnership Agreement. The form of currency upon redemption is determined in the sole discretion of Aimco OP L.P. (F5) The LTIP Units vest 50% on February 2, 2022, and 50% on January 29, 2023. (F6) The LTIP Units do not expire. |