3 1 condit.htm FORM 3 FOR THOMAS S. CONDIT FORM 4

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(h) of the Investment Company Act of 1940

(Print or Type Responses)




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1. Name and Address of Reporting Person*





Condit Thomas S.

2. Date of Event
Requiring
Statement
(Month/
Day/Year)
1-15-03

4. Issuer Name and Ticker or Trading Symbol

American Community Properties Trust (APO)

(Last) (First) (Middle)





2126 E. Downington Avenue

3. IRS
Identification
Number of
Reporting
Person, if an
Entity
(Voluntary)

5. Relationship of Reporting
Person(s) to Issuer
(Check all applicable)
____Director
____10% Owner
____Officer (give title below)
X Other (specify below)
Trustee

6. If
Amend-
ment,
Date
of
Original
(Month/
Day/
Year)

7. Individual or
Joint/Group
Filing
(Check
applicable line)
X Form filed by
One Reporting
Person
____Form filed by
More than One
Reporting
Person

(Street)





Salt Lake City UT 84108

(City) (State) (Zip)

Table I - Non-Derivative Securities Beneficially Owned

1. Title of Security
(Instr.4)

2. Amount of Securities
Beneficially Owned
(Instr. 4)

3. Ownership Form:
Direct (D) or
Indirect (I) (Instr. 5)

4. Nature of Indirect Beneficial
Ownership
(Instr. 5)

None

      
       
       
       

Table II - Derivative Securities Beneficially Owned (e.g. puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 4)

2. Date Exercisable
and Expiration
Date
(Month/Day/Year)

3. Title and Amount of
Securities Underlying
Derivative Security
(Instr. 4)

4. Conver-
sion or
Exercise
Price of
Derivative
Security

5. Ownership
Form of
Derivative
Securities:
Direct (D)
or Indirect
(I) (Instr. 5)

6. Nature of
Indirect
Beneficial
Ownership
(Instr. 5)

Date
Exercisable

Expiration
Date

Title

Amount or
Number of
Shares

None

              
               
               
               

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

Explanation of Responses:

/s/ Thomas S. Condit
**Signature of Reporting Person

January 16, 2003
Date

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.