-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KTmIlLe1anQyXf+Jg+H8bngTix3VnXzymVLLBIHHhWAX7Q97CVCEMnW65sivFl3v zbN16MDTBJroBEa2GQX5ZA== 0000912595-06-000181.txt : 20061204 0000912595-06-000181.hdr.sgml : 20061204 20061204142543 ACCESSION NUMBER: 0000912595-06-000181 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061130 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061204 DATE AS OF CHANGE: 20061204 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MID AMERICA APARTMENT COMMUNITIES INC CENTRAL INDEX KEY: 0000912595 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 621543819 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12762 FILM NUMBER: 061253772 BUSINESS ADDRESS: STREET 1: 6584 POPLAR AVE STREET 2: STE 340 CITY: MEMPHIS STATE: TN ZIP: 38138 BUSINESS PHONE: 9016826600 MAIL ADDRESS: STREET 1: 6584 POPLAR AVE STREET 2: SUITE 340 CITY: MEMPHIS STATE: TN ZIP: 38138 8-K 1 form8_k.htm MAA APPOINTS WILLIAM B. SANSOM TO THE BOARD OF DIRECTORS MAA appoints William B. Sansom to the Board of Directors



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

FORM 8-K
___________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 4, 2006 (November 30, 2006)


MID-AMERICA APARTMENT COMMUNITIES, INC.
(Exact name of registrant as specified in its charter)


TENNESSEE
1-12762
62-1543819
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)

6584 Poplar Avenue, Suite 300
 
Memphis, Tennessee
38138
(Address of Principal Executive Offices)
(Zip Code)


Registrant's telephone number, including area code: (901) 682-6600


N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 

 


ITEM 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers

On November 30, 2006, the registrant’s Board of Directors elected William B. Sansom as a new director to serve a term ending at the 2007 Annual Meeting of Shareholders. The Board of Directors also appointed Mr. Sansom to serve on the Compensation Committee and the Nominating and Corporate Governance Committee of the Board of Directors. Mr. Sansom was awarded approximately $87,500 worth of restricted shares of the registrant’s common stock through the registrant’s 2004 Stock Plan. In accordance with the Restricted Stock Agreement, the shares will vest 14.2% on May 22, 2007, 28.6% on May 22, 2008, 28.6% on May 22, 2009, and 28.6% on May 22, 2010. Mr. Sansom is an independent director as defined under the listing standards of the New York Stock Exchange. There are no arrangements or understandings between Mr. Sansom and any other persons pursuant to which Mr. Sansom was selected as a director. Since the beginning of the registrant’s last fiscal year, Mr. Sansom has had no direct or indirect interest in any transaction to which the registrant was a party.
 

Mr. Sansom has served as the Chairman of the Board and Chief Executive Officer of The H.T. Hackney Co., a wholesale distribution company headquartered in Knoxville, Tennessee since 1983. Formerly, Mr. Sansom served as the Tennessee Commissioner of Transportation from 1979 to 1981, and as the Tennessee Commissioner of Finance and Administration from 1981 to 1983. In 2006, Mr. Sansom was named the Chairman of the Board of the Tennessee Valley Authority. Mr. Sansom also serves on the Boards of Directors of Astec Industries, Inc., and First Horizon National Corporation.

On December 4, 2006, the registrant issued a press release announcing Mr. Sansom’s appointment to the Board of Directors. A copy of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
 
ITEM 9.01 Financial Statements and Exhibits
 
(c) Exhibits

          Exhibit
      Number  Description
      ----------   -------------------------------------------
99.1  
              Press Release dated December 4, 2006

 
 
 

 
 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


 
MID-AMERICA APARTMENT COMMUNITIES, INC.
Date: December 4, 2006
/s/Simon R.C. Wadsworth
 
Simon R.C. Wadsworth
 
Executive Vice President and Chief Financial Officer
 
(Principal Financial and Accounting Officer) 

EX-99 2 ex99.htm EXHIBIT 99


MID-AMERICA APARTMENT COMMUNITIES, INC.
A self-managed equity REIT


MAA APPOINTS WILLIAM B. SANSOM TO BOARD OF DIRECTORS


Memphis, Tenn., December 4, 2006: Mid-America Apartment Communities, Inc. (NYSE: MAA) announced today that the Company’s Board of Directors has elected William B. Sansom to serve as a director and as a member of the Board’s Nominating and Corporate Governance, and Compensation Committees.

Mr. Sansom is the Chairman of the Board and Chief Executive Officer of The H.T. Hackney Co., a wholesale distribution company headquartered in Knoxville, Tennessee. Formerly, Mr. Sansom served as the Tennessee Commissioner of Transportation from 1979 to 1981, and as the Tennessee Commissioner of Finance and Administration from 1981 to 1983. In 2006, Mr. Sansom was named the Chairman of the Board of the Tennessee Valley Authority. Mr. Sansom also serves on the Boards of Directors of Astec Industries, Inc., and First Horizon National Corporation.

Ralph Horn, Chairman of the Nominating and Corporate Governance Committee of the Board of Directors of the Company stated, “Bill Sansom’s extensive business experience and strong background as a director of publicly owned companies will be a valuable addition to our board and support to the Company in the years to come.”


Mid-America is a self-administered, self-managed apartment-only real estate investment trust which currently owns or has ownership interest in 40,293 apartment units throughout the Sunbelt region of the U.S. For further details, please refer to our website at www.maac.net or contact Investor Relations at investor.relations@maac.net or call (901) 435-5371. 6584 Poplar Ave., Suite 300, Memphis, TN 38138.
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