X0306 4 2016-01-27 1 0001347523 Landmark Apartment Trust, Inc. NONE 0001556032 Salkind Michael C/O LANDMARK APARTMENT TRUST, INC. 4901 DICKENS ROAD, SUITE 101 RICHMOND VA 23230 1 0 0 0 Common Stock 2016-01-27 4 D 0 7511834.734 8.17 D 0 I By Elco North America Inc. Operating Partnership Units 2016-01-27 4 D 0 2106794.347 8.17 D Common Stock 2106794.347 0 I By Elco Landmark Residential Holdings II, LLC Operating Partnership Units 2016-01-27 4 D 0 12309860.259 8.17 D Common Stock 12309860.259 0 I By Elco North America Inc. Operating Partnership Units 2016-01-27 4 D 0 3548002 8.17 D Common Stock 3548002 0 I By Elco LR OPT I REIT LP Operating Partnership Units 2016-01-27 4 D 0 4386627 8.17 D Common Stock 4386627 0 I By Elco LR OPT II REIT LP Pursuant to the terms of the Agreement and Plan of Merger, dated as of October 22, 2015, by and among Landmark Apartment Trust, Inc. ("Landmark"), Monument Partners, L.L.C. ("Monument"), Monument REIT Merger Sub, L.P., a wholly-owned subsidiary of Monument, Monument Partnership Merger Sub, L.P., a wholly-owned subsidiary of Monument, and Landmark Apartment Trust Holdings, LP (the "Merger Agreement"), each share of Landmark common stock owned by the reporting person immediately prior to the effective time of the REIT Merger (as defined in the Merger Agreement) converted at the effective time into the right to receive $8.17 in cash. The operating partnership units ("OP Units") represent units of limited partnership interests in Landmark Apartment Trust Holdings, LP (the "Operating Partnership"), of which the issuer is the general partner. The OP Units have the rights and preferences as set forth in the partnership agreement of the Operating Partnership. The OP Units do not have an expiration date. Pursuant to the terms of the Merger Agreement, each OP Unit owned by the reporting person immediately prior to the effective time of the Partnership Merger (as defined in the Merger Agreement) converted at the effective time into the right to receive $8.17 in cash. /s/ Anthony E. Szydlowski, Attorney-in-Fact 2016-01-27