0001638599-21-000576.txt : 20210621
0001638599-21-000576.hdr.sgml : 20210621
20210621073548
ACCESSION NUMBER: 0001638599-21-000576
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210617
FILED AS OF DATE: 20210621
DATE AS OF CHANGE: 20210621
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CRONIN MICHAEL JOSEPH
CENTRAL INDEX KEY: 0001506195
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34995
FILM NUMBER: 211027420
MAIL ADDRESS:
STREET 1: 3625 CUMBERLAND BOULDEVARD
STREET 2: SUITE 400
CITY: ATLANTA
STATE: GA
ZIP: 30339
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PREFERRED APARTMENT COMMUNITIES INC
CENTRAL INDEX KEY: 0001481832
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 271712193
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3284 NORTHSIDE PARKWAY NW
STREET 2: SUITE 150
CITY: ATLANTA
STATE: GA
ZIP: 30327
BUSINESS PHONE: 770 818 4100
MAIL ADDRESS:
STREET 1: 3284 NORTHSIDE PARKWAY NW
STREET 2: SUITE 150
CITY: ATLANTA
STATE: GA
ZIP: 30327
4
1
doc4_7275.xml
PRIMARY DOCUMENT
X0306
4
2021-06-17
0
0001481832
PREFERRED APARTMENT COMMUNITIES INC
APTS
0001506195
CRONIN MICHAEL JOSEPH
PREFERRED APARTMENT COMMUNITIES, INC.
3284 NORTHSIDE PARKWAY NW, SUITE 150
ATLANTA
GA
30327
0
1
0
0
See Remarks
Common Stock, par value $0.01
2021-06-17
4
F
0
811
10.52
D
77282
D
Class A Units
Common Stock
28607
28607
D
On June 17, 2020, the reporting person was issued 9,642 shares of time-based restricted common stock. The time-based restricted common stock vests approximately equally on June 17, 2021, June 17, 2022, June 17, 2023 and June 17, 2024. On June 17, 2021, 2,411 shares vested. The reporting person elected, pursuant to their restricted stock agreement, to satisfy their tax obligation by withholding 811 shares having a value approximately equal to the withholding obligation.
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.
EVP , Chief Accounting Officer and Treasurer
/s/Jeffrey R. Sprain, as attorney-in-fact
2021-06-21