Form 4 for AHRT AH Realty Trust, Inc.
Accepted 2024-03-13 00:00:00 ET · period of report 2024-01-04 · accession 0001569187-24-000024 · 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 | 2024-03-13 | 2024-01-04 | AHRT | Apperson Eric E. | Pres of Construction | P - Purchase | $12.18 | +1,203 | 97.6K | +1% | +$14.7K |
| D | 2024-03-13 | 2024-03-11 | AHRT | Apperson Eric E. | Pres of Construction | A - Grant | $0.00 | +30.9K | 30.9K | New | $0 |
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 | Common Stock | 2024-01-04 | P | A | 1,202.85 | $12.18 | 97,649.81 | D | — | — | (F1) Shares purchased pursuant to a broker-sponsored dividend reinvestment program. |
| 2 | Derivative | LTIP Units | 2024-03-11 | A | A | 30,865 | $0.00 | 30,865 | D | — · — to — | 30,865 Common Stock | (F4) Represents a grant of unvested LTIP Units, 40% of which vested on the grant date, 20% of which will vest on the first anniversary of the grant date, 20% of which will vest on the second anniversary of the grant date and 20% of which will vest on the third anniversary of the grant date, subject to the executive's continued employment on such dates. (F2) Represents LTIP Units ("LTIP Units") in the Armada Hoffler, L.P. (the "Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"). Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Class A common units of limited partnership interest ("Common Units") at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. LTIP Units have no expiration date. (F3) Each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. Common Units have no expiration date. |