X0508 4 2024-06-28 true 0001820877 Apartment Income REIT Corp. AIRC 0001510234 Kimmel Keith M 4582 S. ULSTER STREET SUITE 1700 DENVER CO 80237 true Pres. of Property Operations false Class A Common Stock 2024-06-28 4 D 0 23655 39.12 D 49309 D Class A Common Stock 2024-06-28 4 D 0 49309 39.12 D 0 D Class A Common Stock 2024-06-28 4 D 0 815 D 0 I Held through 401(k) plan, which information is based on a plan statement dated 6-30-2024 Stock Option (right to buy) 34.28 2024-06-28 4 D 0 14588 D 2026-01-26 Class A Common Stock 14588 0 D On June 28, 2024, the Issuer was acquired by Apex Purchaser LLC, Aries Purchaser LLC and Astro Purchaser LLC (collectively, the "Parent Entities"), pursuant to that certain Agreement and Plan of Merger entered into by and among the Issuer, the Parent Entities and Astro Merger Sub, Inc., a wholly owned subsidiary of the Parent Entities and an affiliate of Blackstone Real Estate Partners X L.P. ("Merger Sub"), dated as of April 7, 2024 (the "Merger Agreement"). Pursuant to the terms of the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer surviving such merger as a wholly-owned subsidiary of the Parent Entities (the "Merger"). At the effective time of the Merger (the "Effective Time"), each share of the Issuer's Class A common stock outstanding immediately prior to the Effective Time (other than certain excluded shares) was automatically canceled and converted into the right to receive $39.12 in cash, without interest and subject to any required withholding taxes (the "Merger Consideration"). Reflects unvested time-based restricted stock awards. At the Effective Time, each Issuer restricted stock award outstanding immediately prior to the Effective Time, whether vested or unvested, was automatically canceled and converted into the right to receive an amount in cash (without interest and subject to applicable withholdings), equal to the product obtained by multiplying (x) the aggregate number of shares of Class A Common Stock subject to such restricted stock award by (y) the Merger Consideration. The option was fully vested. At the Effective Time, each option outstanding immediately prior to the Effective Time, whether vested or unvested, was automatically canceled and converted into the right to receive an amount in cash equal to the fair value of such option as determined in accordance with the terms of the Merger Agreement. /s/ Keith Kimmel 2024-07-02