0001585219-20-000106.txt : 20201113
0001585219-20-000106.hdr.sgml : 20201113
20201113152957
ACCESSION NUMBER: 0001585219-20-000106
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201112
FILED AS OF DATE: 20201113
DATE AS OF CHANGE: 20201113
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Emery Rodney F
CENTRAL INDEX KEY: 0001548193
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-55428
FILM NUMBER: 201311145
MAIL ADDRESS:
STREET 1: 18100 VON KARMAN AVE
STREET 2: SUITE 500
CITY: IRVINE
STATE: CA
ZIP: 92612
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Steadfast Apartment REIT, Inc.
CENTRAL INDEX KEY: 0001585219
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 18100 VON KARMAN AVE
STREET 2: STE 200
CITY: IRVINE
STATE: CA
ZIP: 92612
BUSINESS PHONE: 949-569-9700
MAIL ADDRESS:
STREET 1: 18100 VON KARMAN AVE
STREET 2: STE 200
CITY: IRVINE
STATE: CA
ZIP: 92612
4
1
wf-form4_160529938323047.xml
FORM 4
X0306
4
2020-11-12
0
0001585219
Steadfast Apartment REIT, Inc.
NONE
0001548193
Emery Rodney F
18100 VON KARMAN AVENUE, SUITE 200
IRVINE
CA
92612
1
1
0
0
Chief Executive Officer
Common Stock
2020-11-12
4
J
0
289746.094
0
D
0
I
By Steadfast Income Advisor, LLC
Common Stock
2020-11-12
4
J
0
158418.677
0
A
205577.533
D
Common Stock
26687
I
By Steadfast REIT Investments, LLC
Common Stock
11440
I
By Steadfast Apartment Advisor III, LLC
Common Stock
622719.92
I
By Steadfast Apartment Advisor, LLC
Common Stock
9533
I
By Spouse
Class B OP Units
2021-09-01
Common Stock
6155613.92
6155613.92
I
By Steadfast REIT Investments, LLC
On November 12, 2020, Steadfast Income Advisor, LLC ("SIR Advisor"), a stockholder of the issuer, made a pro rata distribution of shares of the issuer's comment stock ("Common Stock") to the ultimate owners of SIR Advisor (the "Distribution"). SIR Advisor is owned by Steadfast REIT Investments, LLC ("SRI") (discussed below), which is indirectly majority owned and controlled by the reporting person. Following the Distribution, SIR Advisor no longer owned shares of Common Stock in the issuer.
In connection with the Distribution, the reporting person received 158,418.677 shares of Common Stock.
Shares of Common Stock are held directly by SRI. The reporting person may be deemed to beneficially own the shares of Common Stock held by SRI, but the reporting person disclaims beneficial ownership of such shares except to the extent of the reporting person's pecuniary interest therein. The number of shares of Common Stock indicated in Item 5 does not include shares of Common Stock directly held by STAR Advisor and STAR III Advisor (each as defined herein).
Shares of Common Stock are held directly by Steadfast Apartment Advisor III, LLC ("STAR III Advisor"), which is owned by SRI. The reporting person may be deemed to beneficially own the shares of Common Stock held by STAR III Advisor, but the reporting person disclaims beneficial ownership of such shares of Common Stock except to the extent of the reporting person's pecuniary interest therein.
Shares of Common Stock are held directly by Steadfast Apartment Advisor, LLC ("STAR Advisor"). STAR Advisor is owned by SRI (discussed above), which is indirectly majority owned and controlled by the reporting person. The reporting person may be deemed to beneficially own the shares of Common Stock held by STAR Advisor, but the reporting person disclaims beneficial ownership of such shares of Common Stock except to the extent of the reporting person's pecuniary interest therein.
Shares of Common Stock are held directly by reporting person's spouse. The reporting person disclaims beneficial ownership of such shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or for any other purposes.
The class B units of limited partnership interest ("Class B OP Units") in Steadfast Apartment REIT Operating Partnership, L.P., the operating partnership (the "Operating Partnership") of the issuer and of which the issuer is the general partner, were issued to SRI in exchange for assets contributed to the Operating Partnership in connection with the internalization of the management of the issuer and were valued at $15.23 per Class B OP Unit, which was the most recently estimated value per share of the issuer's common stock. Commencing two years from the date of issuance, each Class B OP Unit is redeemable for cash equal to the then-current market value of one share of the issuer's common stock or, at the election of the issuer, one share of the issuer's common stock. Class B OP Units have no expiration date.
The reporting person may be deemed to beneficially own the Class B OP Units held by SRI, but the reporting person disclaims beneficial ownership of such Class B OP Units except to the extent of the reporting person's pecuniary interest therein.
/s/ Gustav Bahn, as attorney-in-fact for Rodney F. Emery
2020-11-13